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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: January 26, 2012
Canadian banks looking good?
This chart of the Canadian bank sector (XFN) is one of the many that we are tracking carefully at present for signs of what comes next in the credit crisis fiasco phase 3. As we look at the first peak … Continue reading
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The corrupting curse of cheap credit
Here is the direct link to this MSNBC clip with David Stockman. Visit msnbc.com for breaking news, world news, and news about the economy
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