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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: March 3, 2016
Mansharamani: ‘Bubbles bursting everywhere’
Deflationary tides are lapping the shores of countries across the world and financial bubbles are set to burst everywhere, Vikram Mansharamani, a lecturer at Yale University, told CNBC on Thursday. “I think it all started with the China investment bubble … Continue reading
Of course TBTF banks have to be broken up!
This is so obvious it’s painful. But Kashkari has received much media coverage the past 2 weeks admitting truth. In the 2008 crisis, Neel Kashkari worked to save big banks. Now the president of the Fed Bank of Minneapolis says … Continue reading
Wild caught salmon found inundated with narcotics
Old, leaky, inadequate treatment plants are part of this story (infrastructure under-investment has been epic during the past decade of ‘financialization’ obsession), but the epidemic use of pharmaceuticals for every ‘dis-ease’ rather a focus on nurturing health is the main … Continue reading
