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Eliazar Marchenko — Articles
Eliazar Marchenko
Jul 19, 2026
Margin debt has risen to a record $1.5 trillion, with borrowing rising far faster than stock prices. The rally may continue, but history suggests that excessive leverage tends to turn rapidly into a market downfall.
History & Parallels
Jun 10, 2026
SpaceX has an unmatched launch franchise and a rapidly growing Starlink network, with a reported $1.77 trillion valuation, but investors are being offered little room for this new space
Mar 10, 2025
Britain’s creaking NHS can swap its £13.8 billion repair backlog for fresh scanners by letting companies pay tax in the form of hospital upgrades, not Treasury cheques.
