U.S. margin debt jumps $112 billion in May to record $1.42 trillion

U.S. margin debt jumps $112 billion in May to record $1.42 trillion

Borrowing rose for a second straight month as the S&P 500 gained 5.1% in May, pushing leverage and market valuations to historic highs.

Fact Check
The Kobeissi Letter X post directly states margin debt rose $112 billion in May to a record $1.42 trillion, a second consecutive monthly rise totaling $195 billion, with a 12-month gain of $495 billion (54%). The Advisor Perspectives/dshort analysis of underlying FINRA data independently confirms the $1.42 trillion record, the second straight monthly increase, and a 53.7% year-over-year rise (closely matching the claimed 54%/$495 billion). Multiple outlets corroborate the $1.42 trillion May record. All key figures align.
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