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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: June 10, 2015
Why we can’t keep QE gains and future returns too
The reality of present financial asset valuations is brilliantly encapsulated by John Hussman this week. QE interventions have brought forward asset appreciation from the next 10 years and spent it over the past 5 in order to quickly make back … Continue reading
Loonie faces one, two punch from oil and housing
“A new report from National Bank Financial shows a record number of condos in the Greater Toronto Area were empty in May. National Bank says more than 2,800 condos were available last month to be sold or rented based on … Continue reading
Global energy consumption growth back at late ’90’s levels
A new BP report confirms that global energy consumption growth slowed markedly last year to the lowest level since the late 1990s other than the Great Recession of 2008-09. See: Global energy consumption at new low in 2014-BP At the … Continue reading
