Billionaire investor Wilbur Ross weighs in on Citigroup shake-up and says banks will probably return to a simpler business model. Here is a direct link.
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Cory’s Chart Corner
In both directions. h/t @LanceRoberts
This 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.
An excellent clip. No nonsense. Just common sense that everyone could understand. Most of us just need a SAFE place where we can deposit our cheques, pay bills and save a few bucks when we can. No one want to worry about systemic banking system risk very few years. Thanks for sharing. Langley, BC