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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 16, 2014
Mortgage volume tanks
The reality of rapid asset inflation that disconnects prices from economic fundamentals is that the gains are destined for mean reversion because as affordability evaporates, higher prices become the cure for higher prices… Mortgage rates are barely moving, but demand … Continue reading
Consumer reports: stop spraying children with sunscreen
Too much sun is clearly a health (and wrinkle) risk, but I have long had a concern that too much sunscreen will also prove detrimental to health. Limiting exposure seems to be the safer plan. Parents are being warned to … Continue reading
FRONTLINE: Separate and unequal, a look at segregation in the public school system
FRONTLINE examines the growing divide in the American school system. On its face this can look like a racial divide, and certainly many racial minorities are found in the group of disadvantaged students. But more than race, this divide is … Continue reading
