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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: June 2016
Blockchain technology to bypass traditional intermediaries and toll collectors
There is a revolution coming, and according to Don Tapscott, it’s going to dramatically change how the world operates. In his new book ‘Blockchain Revolution,’ Tapscott says blockchain, the underlying technology of bitcoin, represents the second generation of the internet. … Continue reading
IEX exchange CEO on disrupting rigged market models
Brad Katsuyama, chief executive officer at IEX Group, discusses the company’s approval by the Securities and Exchange Commission as a U.S. stock exchange, criticism and threatened lawsuits from competitors, and the potential for slowing down high-sped trading. Here is a … Continue reading
The biggest loser in “Brexit” would be finance sector
After the 2000 financially-engineered tech bust blew in America, regulators enacted the Sarbanes-Oxley Act of 2002, also known as SOX, to help what had become rampant accounting fraud (Enron, WorldCom, Global Crossing, Tyco and Arthur Andersen et al), that led … Continue reading
