S&P 500 record masks $1.5 trillion leverage trap beneath Wall Street’s AI boom

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S&P 500 record masks $1.5 trillion leverage trap beneath Wall Street’s AI boom

The S&P 500 closed at a record 7,798.99 on August 13, while investors were borrowing more money than ever against securities portfolios. FINRA data show debit balances in customer margin accounts ...

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