Follow
_________________________
Cory’s Chart Corner
In both directions. h/t @LanceRoberts
This 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.
Daily Archives: August 15, 2016
Helicopter money and other absurd ideas
Monetary policies run dry… High Frequency Economics Chief Carl Weinberg discusses so-called helicopter money. Pimco Executive Vice President Tony Crescenzi also speaks on “Bloomberg Surveillance.” Here is a direct video link.
Posted in Main Page
Comments Off on Helicopter money and other absurd ideas
Subprime auto: debt crisis in the making
The subprime auto industry boomed over the past 6 years on a familiar foundation of lax lending and packaging sketchy loans as investments–similar to the 2008 sub-prime mortgage crisis. For more see: “They had created this remarkable system for taking … Continue reading
Posted in Main Page
Comments Off on Subprime auto: debt crisis in the making
Long-always bias writ large: 5.8% cash levels, highest since 2001
A recent survey from Bank of America Merrill Lynch reinforces my comments (see: Captive money is not ‘smart’ for investors) about the fee-maximizing bias of financial firms to have client capital fully allocated to risky assets at all times: last … Continue reading
Posted in Main Page
Comments Off on Long-always bias writ large: 5.8% cash levels, highest since 2001
