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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: April 26, 2016
Automakers succumbing to physics and going electric
“…we are witnessing the start of a new (but long overdue) trend this year. The few established automakers still pushing fuel cell hydrogen vehicles appear to be warming up to battery-powered electric vehicles instead. Honda, Toyota and Hyundai, arguably the automakers most stuck … Continue reading
Varoufakis updates on the ongoing financial crisis
Former Finance Minister of Greece Yanis Varoufakis was teaching economics at the University of Texas at Austin when he was elected to Greek parliament by a landslide vote in January 2015. In his book, And the Weak Suffer What They … Continue reading
Monopolized power exacerbating extreme inequality
Want a strong, merit-based, evolving, vibrant economy that can expand and support a thriving middle class? Stop using government powers to enable a few to cheat and take unfair advantage at the expense of everyone else. Columbia University Professor of … Continue reading
