Wall Street: When Will Margin Debt Go Back To Reality ?

The QE is over, and at Wall Street we get the same sensation we would get at a party at 5 AM: celebrations are almost over, and everyone is too drunk to realize that

Yes, we’re writing another post on the margin debt at NYSE, we just had the December data (courtesy of dshort.com):

This chart is telling us something very clear: the party is over, and that red line is about to take one hell of a big jump.

That’s how it was in 2000 and in 2008, stop pretending that “this time is different”, statistics says it’s not.