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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: December 31, 2014
Sifting through numerical manure
Good piece from Tony Sagami yesterday looking at the miraculously revised 5% GDP growth estimate conjured this week out of lower spending 0n imports, capex and durable goods. See: Q3 GDP jumps 5%. Ha! The crap behind the numbers. “I … Continue reading
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