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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 27, 2011
Geithner’s genius to EU: “Add more leverage and stir”
The ongoing side-show of the Euro crisis is dominating anew this morning. The latest fix for over-leverage in European governments and banks is a familiar old American favourite: add more leverage! European Union officials are reportedly proposing to each deposit … Continue reading
