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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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Monthly Archives: May 2016
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
Evolving vehicles winning hearts and minds
Audi, BMW, Mercedes-Benz and Porsche have long dominated the world’s premium automotive ranks, making Germany home to some of the industry’s most profitable car brands. But Tesla Motors, whose Model 3 electric car enticed 325,000 would-be buyers to put down … Continue reading
S&P 500: Searching for support encore
The S&P 500 has no realistic fundamental support for today’s historically extreme valuations. So when technical trading levels are retested, speculators and QE-proponents hold their breath and hope for one more bounce…One of these times, they are likely to be … Continue reading
