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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 10, 2016
Tesla: ‘disruptive technology that changes human behavior’
Dougherty & Co. Analyst Andrea James weighs in on Tesla’s Model X. Here is a direct video link. “Disruptive technology: the presence of the product on the market disrupts the market and fundamentally changes that market or changes human behavior…Tesla … Continue reading
Monetary magic: ‘It’s gone’
The ECB’s Draghi rolled out his now completely emptied monetary bazooka this morning with even more negative rates for banks and even more QE recycling of junky financial assets through central bank prestidigitation. The algos pinged the headlines as financial … Continue reading
What we must learn from the Fukushima disaster
I have long been writing and speaking about what the world should learn from Japan about the long term costs of reckless leverage, speculation, complicit regulators and government bail outs of criminal actors behind financial institutions. Astute folks could see … Continue reading
