USA Today is reporting a downturn in the stock market in the wake of the Ukraine situation. View video here: http://www.usatoday.com/story/money/markets/2014/03/03/stocks-monday/5968309/
In addition, a rare disaster signal has sounded: Margin debt levels have hit new highs as reported yesterday by Business Insider:
Why the Next Stock Market Crash Will Happen Any Day Now
Stock Buybacks and Margin Debt
This Disaster Signal Has Only Been Triggered 3 Times in History
Overnight, Jason Goepfert from SentimenTrader picked up on margin debt, too, but from a different perspective. Here's a part of his take:
"A lot of concern has been expressed about the growth in margin debt in investors' accounts over the past few months, mainly because it has exceeded previous records.
"We've discussed this numerous times over the years, so it's nothing new. Margin debt alone doesn't tell us much; the rate of growth is barely above the rate of growth in the S&P 500, unlike the peaks in 2000 and 2007 when margin debt exploded higher relative to the gains in stocks.
"Still, it's the 'available cash' that is the more important figure, which has now declined to a record low. Investors have a net worth of negative $177 billion, exceeding the previous low of negative $129 billion in February 2000."
Read more about the U.S. / Ukraine / Russia situation here.
For those of us expecting a global economic reset that will eventually lead to a moneyless society (thanks to the recent release of free energy patents) these are exciting times. Heads up, cherubs!
LOVE TO ALL,