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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: May 8, 2012
Innovative thinking is the way forward
Although many fight the progress and change needed in the world, I see a lot of very exciting things happening in science and innovation which I know can help to solve the major hurdles presently facing humanity. As much as … Continue reading
Cognitive dissonance epidemic in finance
Paul Krugman is a controversial economist to say the least. In recent years he has become famous for anti-austerity pleas, insisting that governments need to keep up deficit spending to ward off an intensifying of the global recession. I would … Continue reading
Obama still lacks will to crackdown on criminal corporate actions
“The presidential election is well under way but as President Barack Obama tries to position himself as the defender of the middle-class who will protect the 99% against corporate malfeasance and too big to fail banks, he may find himself … Continue reading
