Aggregate Account Debt/Credit as Stock Market Indicators
September 27, 2021 - Sentiment Indicators
“Margin Debt as a Stock Market Indicator” investigates whether NYSE margin debt predicts future stock market returns. Since updates to this variable are not available, we instead consider the following three aggregate monthly investment account metrics from the Financial Industry Regulatory Authority (FINRA) as alternative margin-related indicators of investor sentiment: Margin account debt (aggressive use… Keep Reading