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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: May 18, 2016
‘Keep it in the ground’ movement spreading
Phase or self-preserving evolution? Here is a direct video link. Earth’s Relentless Warming Just Hit a Terrible New Threshold https://t.co/Tsmxe1LYTS via @business — Reed Landberg (@rvlandberg) May 18, 2016 Also see: Almost everything you know about climate change solutions is … Continue reading
Lessons of the fall
Every levered boom ends in bust–every one. Whether it be Japan in the late 1980’s, the tech driven stock frenzy of the late 1990’s, America’s housing bubble of the mid 2000’s or China’s boom and the commodities bubble that followed. … Continue reading
New education models: Down with debt, up with learning
The spread of exorbitantly priced, resort-style schools was possible only so long as the masses saw taking on debt as an affordable and necessary evil to launch a rewarding career. But once that cost-benefit analysis no longer makes sense and … Continue reading
