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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 25, 2016
Electric cars to keep eating oil’s lunch
Naysayers and oil proponents have wildly underestimated the electric car evolution. This evolution is happening. Believe it or not. See: Here’s how electric cars will cause the next oil crisis. Cause? or just continue the crisis? With all good technologies, … Continue reading
Executives become uber drivers: ‘easy come is easy gone’
For anyone that has not yet read Robert Frank’s important book “The high beta rich”, now is another great time to do so. It is critical to understand how a focus on inflating asset prices at all costs has worked … Continue reading
Worth watching: Spotlight
Watched Spotlight last night. Dark material but recent history and a very inspiring story that reminds about the importance of personal integrity and diligence in standing up to systemic injustice and abuse of power. Fantastic performances by a great ensemble … Continue reading
