In this clip from The Macro ShowKeith McCullough highlights important data points that should give investors pause. 

“Leverage has gone up more in the past six months than any time in U.S. market history,” Hedgeye’s CEO explains. “Mutual funds have bought, hedge funds have covered and people are levered out the wazoo.” 

Watch the full clip above. 

McCullough: Investors Levered ‘Out the Wazoo’  - TMS Banner