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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: June 2014
Extreme income inequality socially destabilizing
A recent AP/Equilar study found that chief executives now make about 257 times the average worker’s salary, up sharply from 181 times in 2009. Extreme forms of inequality achieved by huge jumps in income for the world’s highest-paid are becoming … Continue reading
Katsuyama sees HFT changes coming
Following yesterday’s Senate hearings on High Frequency Trading (HFT) and conflicts of interest in the current broker/exchange payment structures, IEX Group president & CEO Brad Katsuyama shares his experience and impression of probable outcomes. Here is a direct video link.
Shilling on continued deflation and why the equity “herd” hates bonds
Gary Shilling, president of A. Gary Shilling & Co., talks about the outlook for U.S. Treasury yields, Federal Reserve monetary policy and economic outlook. Here is a direct video link. The financial world makes the most fees on equity products … Continue reading
