Borrowed Money Is Driving Stock Gains

As of late February, investors had borrowed a record $814 billion against their portfolios—up 49% from a year earlier, the fastest annual increase since the frothy days of 2007.

Borrowed Money Is Driving Stock Gains
As of late February, investors had borrowed a record $814 billion against their portfolios—up 49% from a year earlier, the fastest annual increase since the frothy days of 2007.