CRASH COURSE? Have you been borrowing money to buy more stocks? So has everybody else, it seems. Margin debt has increased an alarming 62% over the past year. Is this the canary in the coal mine? Such thoughts are on the mind of Fed Chairman Alan Greenspan, who openly expressed worry about the increase--or at least said he was "thinking" about it, which is enough to worry the rest of us. The propensity for people to buy things that they don't have the money for is one reason the Fed is expected to raise interest rates this week. The only question...
To continue reading:
or
Log-In
