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Surge in investor margin debt signals fragility in U.S. stock market, warns Leuthold Group.

Market News
13 Jul 2026
Market Watch
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Bearish
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Investors in the U.S. stock market are increasingly borrowing on margin to buy stocks, pushing margin debt to around $1.4 trillion. This rapid growth in borrowing is seen as a warning sign of fragile market conditions, according to Scott Opsal, CIO at the Leuthold Group. The rising margin debt reflects investor greed and a desire to amplify returns but also increases risk. Experts advise caution as this trend could signal potential instability ahead for the stock market.

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