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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: August 2008
A few key stories that caught my eye on vacation
Over the past several months, I have repeatedly expressed skeptism on the whole “demand is driving commodity prices” rhetoric. I have typically received the most angry emails and comments when I have pointed out that a slowing global economy will … Continue reading
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