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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: February 3, 2016
Commodity currency bottom: are we there yet?
Today as North American government bonds spike higher, volatility is roaring and stock and commodity prices are writhing through another day of violent convulsions. Oil has been down, up and all around, taking the world’s commodity currencies strongly higher on … Continue reading
Bank crisis coming round again (as thinking people knew it would)
This clip offers a good summary of the myriad of pressures hitting global bank revenues and balance sheets today. QE programs between 2009-14, helped to paper over problems long enough for banks to enable more bad debt and reckless risk … Continue reading
Driving on sunshine
We humans can be so smart and resourceful when we chose to learn and evolve. New Yorker Doug Manowitz built an electric vehicle from parts that he mostly ordered online. His goal was to build a zero-emission vehicle he could … Continue reading
