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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: February 2015
Shilling on ‘OPEC’s game of chicken’
Betting on a rebound in energy (and realty) prices from here, is a bet that global demand is strengthening not weakening. The trouble is, evidence of strength is scarce, to say the least. The Bloomberg clip below, offers an enlightened … Continue reading
Greece seeks concession in loan extension request
It seems the Greeks haven’t caved to EU dictates just yet… Greece will submit its request for a six-month loan extension to the euro-area Thursday, a day later than originally planned, according to a government official. Here is a direct … Continue reading
Assault on democracy: big banks controlling ‘journalists’
Peter Oborne is a proper journalist. He is the former chief political commentator of the Telegraph and reports for Channel 4’s Dispatches and Unreported World. He has written a number of books identifying the power structures that lurk behind political … Continue reading
