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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: July 2015
The amazing, under-appreciated power of the human gut
Further to the fascinating TED talk on the wonder of human microbes posted here in May, I came across a Maclean’s interview with microbiologist Giulia Enders last night and found it further enlightening. Much to understand here… See: The Interview: … Continue reading
Morally bankrupt banking culture
None of this is good clean fun. It is literally bankrupting the world. We must find the will to break up the investment banks. John Lefevre, author of “Straight to Hell,” recounts sordid tales and experiences from his time on … Continue reading
Bank of Canada capitulates: cuts outlook, loonie tanks
Today the Bank of Canada confirmed a technical recession of negative growth through the first half of 2015 and reluctantly lowered its growth forecasts for the whole year to just over 1%. With their policy rate already at .5%, there … Continue reading
