Everyone's pointing at (https://www.cnbc.com/2026/07/15/buying-stock-with-borrowed-money-reaches-level-of-past-market-tops.html) like it's a warning siren. It's not. Retail leverage *follows* institutional flows, it doesn't predict them—we've seen this before in 2021, 2017, even 1999. The signal that actually kills bull runs is when *quality companies start compressing margins* because they can no longer pass along costs.

Research these companies