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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: November 26, 2015
Who will be able to afford the boomer’s pricey homes?
This is precisely the discussion we have been having at our weekly coffee group for a couple of years now… The credit bubble has enabled a massive build of large, expensive homes all over North America–especially in Canada–and other countries … Continue reading
Water takes precedence
The most valuable commodity on earth is fresh water. Depleting finite water supplies to extract less critical commodities is short-sighted and unsustainable. This reality will increasingly dictate our policies and procedures. It’s quite literally adapt or die. The future price … Continue reading
Honeymoon over: disgruntled capital leaving Canada
Interim rallies notwithstanding, the Canadian stock market continues to come down from QE-inspired delusions. The below chart since 2013 shows the story. The black line is the TSX 60 market cap-weighted index (dominated by today’s most expensive companies so financials … Continue reading
