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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
Weak demand keeps “surprising” bulls and pressuring rates lower
St. Louis Federal Reserve Bank President James Bullard said Friday that the Fed will need to raise interest rates by the end of the first quarter of 2015. However, Pimco’s Tony Crescenzi doesn’t see that happening so soon.Here is a … Continue reading
Cozy club boards frequently fail in duty to govern
Corporate Board posts are cozy clubs of networking and socializing. Unfortunately attracted by the perks, pay, and status, the role frequently devolves into a cesspool of collegiality and yes-men to the c-suite, where no one is asking the tough questions–until … Continue reading
Learning to make better decisions
I have long appreciated Daniel Kahneman’s work in Behavioral Finance and the importance of EQ (“emotional quotient”) over IQ. We are presently enjoying his 2011 book “Thinking Fast and Slow” on audiobook. He appeared on Charlie Rose in 2012 to … Continue reading
