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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 14, 2011
Europe needs to restructure debt
The markets have already told us that Europe currently has a broken monetary system, according to Kyle Bass, Hayman Capital Management managing partner. An important point is reiterated in this interview: bond write downs will mean losses to the bank … Continue reading
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