How does the current market leverage compare to previous cycles like 2008?
Replied byAaron Hoddinott
Founder & Managing Director at Pinnacle Digest
Niche: Finance
Revenue: Not Publicly Disclosed /month
Location: Calgary, Alberta, Canada
Started: 2008
The amount of leverage in the global financial system is highly concerning. Broker loans have expanded from a quarter trillion during the 2008 crash to approximately 1.3 trillion today, signaling a lack of diligence and indicating potential market corrections.
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