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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: June 2015
Wheels coming off in Canada
The hype and promise of Canadian growth and stock market bulls has been that lower oil prices would be offset by a surge in export demand spurred by the weakening Canadian dollar. Unfortunately this was a pipe dream. Canada’s manufacturing … Continue reading
How Iceland broke precedent and reined in its runaway financial sector
While Japan, then North America and Europe repeatedly bailed out and held their banking cartel harmless the past 30 years, in 2008 Iceland took another path. The rest of the world must do likewise. Concluding Remarks from Gudrun Johnsen of … Continue reading
Fossil fuel subsidies paying polluters to continue
Perverse financial incentives are undermining essential human progress in the energy revolution. For sustainability of life on earth, we need to evolve out of the fossil fuels age and towards the cornucopia of renewable, clean, low cost and free energies … Continue reading
