Macro Voices

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April 14, 2017  

Lance Roberts: Record margin debt threatens fed-fueled bull market

April 14, 2017

Erik Townsend welcomes Lance Roberts to MacroVoices. Erik and Lance discuss the liquidity driven markets and the Fed balance sheet driving asset prices. They further discuss the margin debt vs. the net credit balance and as a % of real GDP. The further discuss the total system leverage, the economic deficit and peaks in real profit margins.