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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: February 2016
Ugly math in Canada’s over-valued property market
Get your head around these numbers: Canada’s average national home price rose to $470k in January, and is over $1,000,000 in hot spots like Toronto and Vancouver. In Canada you can buy a $1,000,000 home with just 75K down and … Continue reading
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
