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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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Daily Archives: September 29, 2008
Government bail out plans are not about saving the stock market
Stock markets are plunging today supposedly in response to uncertainty over the Paulson bail out in the US. Actually that is not true. As I have said before, for the past couple of years stock markets have been wildly over-priced … Continue reading
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