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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: August 13, 2014
Gold: dead or merely pining?
Gold promoters keep promising a return to the golden days of 2011 every day now…but so far a break out in bullion remains illusive. With all the recent news about geopolitical strife and a faltering global recovery, the U$ has … Continue reading
‘Temporary’ tax breaks 12 years and counting
The question is really a moral one: how long should companies be allowed to enjoy miniscule tax rates and reap historically record profit margins under the guise of ‘temporary’ at the ongoing expense of the tattered public purse. At the … Continue reading
Misleading spin runs rampant
Financial-tainment operates in a world of its own making. ‘Say it and it will be believed’ seems to be a guiding principle. A CNBC feature on famous gold bull Peter Schiff yesterday is point in fact. The headline runs ‘Perma-bear’ … Continue reading
