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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: August 9, 2011
NYT Sunday review: “What happened to Obama?”
This article from the weekend is worth reading and digesting in full (thanks Richard P for the tip). See What happened to Obama? What I have found the most frustrating about Obama personally is that unlike most of the other … Continue reading
Rogoff on our journey through the great contraction
Aug. 9 (Bloomberg) — Harvard University’s Kenneth Rogoff talks about Standard & Poor’s decision to downgrade U.S. debt and its implications for the nation’s economy and central bank monetary policy. Rogoff also discusses the outlook for the global financial markets, … Continue reading
Recession warning and why we do need to guard our capital
Our analysis at my firm Venable Park has suggested the mounting threat of a fresh global recession for some time now. Today money manager John Hussman confirms that his composite of historical indicators has also now officially registered a set … Continue reading
