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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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Daily Archives: July 11, 2014
Oh, oh, Canada
Confirmation this morning that Canada lost more jobs in June. In fact without the unsustainable oil-sand madness jobs added in Alberta this year, the other provinces have experienced no job growth at all now for the past 12 months. The … Continue reading
Kaboom: the downside of epic leverage
When happy go lucky CNBC personalities start bantering about the risk, you know the suicidal leverage and anemic trading volumes must be outright freakish… Big moves in a handful of stocks provided traders with a worrying signal—an “ultra-high” level of … Continue reading
The end of QE commeth…
In the Federal Open Market Committee’s June meeting, the Fed decided that it would likely look to end its asset purchasing program (known as quantitative easing, or QE) with a $15 billion reduction in monthly purchases in October, according to … Continue reading
