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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: July 2016
Words, promises and hypocrisy in the US presidential campaign
Donald has words…so does Melania. She seems to have the same ones as Michelle Obama from 2008 though. Cut and paste speech writer? Here is a direct video link. And is it just me, or is it glaringly hypocritical that … Continue reading
60 Minutes with Trump and Pence
The Republican National Convention that begins tomorrow in Cleveland will star Donald Trump and his chosen running mate the governor of Indiana, Mike Pence. Here they are speaking to Lesley Stahl in their first joint interview. In their own words…authentic … Continue reading
The truth about realty prices
The most recent credit bubble was born in 2002 when the Greenspan Fed cut rates to 1% and left them there for a year and ‘investment’ banks went loco fabricating and selling trillions in credit derivatives. Fourteen years later, we … Continue reading
