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Record Margin Debt 2026: What $1.5 Trillion Has Historically Meant for Markets
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The Canary in the Coal Mine: Retail Margin Debt Hits a Record $1.5 Trillion

American investors now owe their brokers a record $1.5 trillion. That figure comes from the Financial Industry Regulatory Authority’s margin statistics, which reported $1,502,072 million in debit balances in customers’ securities margin accounts for June 2026. It was a 6.1% increase from May and a 49.0% increase from a year earlier, and the highest reading...