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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: May 22, 2015
Senator Warren: Trade deal needs to be revealed before voted into law
This is absolutely outrageous. What kind of democracy and due process is this? Senator Elizabeth Warren spoke on the Senate floor on May 21, 2015 about the bill she introduced with Senator Joe Manchin (D-W.V.) that would require the text … Continue reading
Central banks have reflated asset bubbles–now what?
David Stockman offers a good risk overview and summary in this clip. When will reality reprice financial markets? That is the multi-trillion dollar question. All policy efforts have been focused to date on temporary extend and pretend ideas, none so … Continue reading
Saudis see solar as next hot commodity
As renewable energy technologies accelerate and the world shifts towards them, status quo energy producers have increasingly been taken by surprise. A couple of years back, Saudi ministers were publicly asking at climate change summits: “what about us? how will … Continue reading
