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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: December 21, 2008
Thrift is back in Vogue
I like Gary Shilling. He has been around a long time, seen it all and (most importantly) took notes. He has a knack for connecting key global themes. He did this interview Friday: The future is a much different place … Continue reading
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