THE U.S. E.R.E.R.E.C.C.S. IS AT AN ALL-TIME HIGH IN TERMS OF GDP

ACCORDING TO DATA FROM THE INSTITUTE FOR INSTITUTIONAL STATISTICS, NEW YORK AND FINRA, THE SIZE OF US FINANCING BOND DEBT HAS RISEN TO ABOUT 4.5 PER CENT OF GROSS DOMESTIC PRODUCT (GDP) AND HAS REACHED A RECORD LEVEL, SURPASSING THE PEAKS OF THE 2000 INTERNET BUBBLE, THE 2008 FINANCIAL CRISIS, AND THE 2021 HIGH MARKET. FINANCE BOND DEBT, I.E. LIABILITIES ARISING FROM THE ACQUISITION OF SHARES BY INVESTORS ON LOAN. HIGH LEVERAGE CAN AMPLIFY THE RETURN ON INVESTMENT IN CATTLE MARKETS, BUT IF THE TREND FALLS, IT CAN SIGNIFICANTLY INCREASE THE RISK OF PASSIVE FLAT SALES. THIS INDICATOR, WHILE NOT ACCURATE IN PREJUDGING MARKET ACCESS, REFLECTS THE CURRENT LEVEL OF LEVERAGE OF MARKET INVESTORS AT A LEVEL UNPRECEDENTED IN MODERN HISTORY RELATIVE TO THE SIZE OF THE ECONOMY。