Margin debt

During the 2007-2008 crisis, margin debt reach the level of $381,370 (million) in July 2007. On April 2013, this level was $ 384,370 (million). In May and June 2013, it was respectively: $377, 002 (million) and $376, 632(million) (www.nyxdata.com)

 The conclusion from these figures is as follows: another recession is a real possibility.

Euro short positions

CFTC Commitments of Traders report (COT) on July 30^th indicated that short positions against the Euro fell to 8,504 contracts from 27,900 a week ago. The net amount of investor cash betting against the euro was $ 1.4B.