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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: May 26, 2014
More of the same Down Under
The Sydney Morning Herald runs with some interesting articles this morning on some key issues now pretty much ubiquitous worldwide: First, lax lending and excessive borrowing have pumped up housing prices in Australia to levels that are unaffordable and unsustainable. … Continue reading
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