Wealthion · Tuesday, September 1, 2026
David Rosenberg highlights a significant surge in margin debt, which increased by 50% in the past year to $1.5 trillion. He likens this to a bubble, stating that 'every bubble pops' and suggests this could be a surprise factor heading into the fourth quarter, with the labor market being a key area to watch.
“I I don't mind calling it a bubble. Every bubble pops. Margin debt is soared 50% in the past year to $1 and half trillion dollars.”
“What is going to be the surprise heading into the fourth quarter of the year? Maggie is going to be the labor market.”