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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: March 2015
Drag from soaring U$ just starting to be felt
The soaring greenback and plunging energy prices are two sides of the same storm hitting the North American economy today. Goldman Sachs President, Gary Cohn told CNBC on Wednesday he is very concerned about the short-term window for oil and … Continue reading
Democratizing energy
For all those who hated the advent of horseless buggies, cell phones, computers, the internet et al…don’t read this one! See: Battery hackers are building the future in the garage…cannibalizing a Tesla to go off the grid. The primary motivation … Continue reading
Fed in deflation penalty box
Price deflation is the natural outcome of mammoth excess capacity and shrinking demand from aging, indebted consumers. Lower asset values are a key part of the cure needed to fix global imbalances and restore rational investment math and consumption ability … Continue reading
