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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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Monthly Archives: May 2014
ECRI: Fed or not, US GDP stalling
Good reminder on why the Fed-led “brilliance” of constantly dragging future demand forward through short-term credit incentives is long-term counterproductive: the future keeps arriving with demand already spent: “What is being gradually acknowledged – without any publicity or fanfare – … Continue reading
Bonds calling bull$@#! on bullish forecasts
If the bond market believed the almost unanimously bullish economists today, then capital would not be moving from 5-year Treasuries (yields rising as prices decline) into 30 year Treasuries (yields falling as prices rise), but as shown in the chart … Continue reading
Previously SEC-fined stock promoter gets his own FOX show
This is the kind of stuff that should send chills up the spine of anyone looking at business television for investment ideas… “Financial analyst and Fox Business contributor Charles Payne, who has been fined by the Securities and Exchange Commission … Continue reading
