BREAKING: US margin debt jumped +$57.2 billion in October, to a record $1.2 trillion. This marks the 6th consecutive monthly increase. Margin debt for trading has risen +$285 billion, or +32%, year-to-date. Over the last 6 months, margin debt has surged +39%, the biggest jump since 2000. This has been an even larger increase than during the 2021 meme stock mania. Leverage levels are through the roof.(The Kobeissi Letter)