Published Jul 20, 2026, 3:42 AM ET · Updated 4 months ago · 1 source
High debt margin in the US market poses significant downside risk for equities
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Original Report
High debt margin and leverage in the US market, which rose 50% year-on-year in June, pose a significant risk for a large downside in equities if negative earnings emerge, even though a fundamental turn hasn't occurred yet.