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In both directions. h/t @LanceRoberts
Lance Roberts @LanceRobertsThis is really pretty incredible.
US household holdings of equities and mutual funds reached a record 278% of disposable personal income in the second quarter of 2026, up from just 29% in 1982, amplifying the stock market’s influence on consumer spending and economic activity._________________________
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Monthly Archives: April 2008
Where is the value?
A story in Saturday's Globe April 5, “Knowing when to pull the plug on a loser fund,” makes a classic point about why the investment world is full of expensive and ultimately useless advice and commentary. The article asks three … Continue reading
Lifestyles of the broke and desperate
Good article today on the consumption mentality that spawned our present woes, “Pamela Anderson caused the debt crisis.” I couldn't agree more. It wasn't just that the central bankers and regulators left their post this cycle. Regular folks have also … Continue reading
Stories of Asian stock markets very familiar
This week a NY Times article: To see a stock market bubble bursting, look at Shanghai, reminded me of some familiar human themes. In the past 2 years, Asian stocks had gone through an incredible bubble. Chinese share prices had … Continue reading
