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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 25, 2016
Environment Canada: oilsands huge source of air pollution
Now that the old conservative government is no longer gagging our scientists, we get a new non-shocking report from Environment Canada. The finding: Alberta’s oilsands industry is one of the biggest sources in North America of harmful air pollutants called … Continue reading
The Fed-induced savings bust
Excellent piece from John Hussman this week. Read The coming Fed-induced pension bust: “We strongly encourage investors to continue to save in a disciplined way, but nothing forces investors to allocate these funds to speculative asset classes.” Unbiased, informed, commonsense, … Continue reading
The Current looks at seniors working
“Freedom 55” was a marketing slogan from the financial sales industry that arose during the late, great secular bull that ran from 1982-1999 and encouraged people to spend too much and save too little while banking on risky financial bets … Continue reading
