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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: March 24, 2012
Mapping out our secular bear in stocks
With the latest round of stimulus pump over the past few months, this time out of the European Central Bank, risk markets have lept up in another cyclical rally in our ongoing secular bear for stocks. This has led some … Continue reading
