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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: September 2016
Head SEC HFT regulator signs up to work for the enemy
The revolving door between finance cheaters and regulators is well oiled and completely unencumbered. Recall that Ben Bernanke unashamedly took a plum consulting gig with HFT market-skimmer-extraordinare firm Citadel, after he retired from head of the Federal Reserve. Well another … Continue reading
Fiduciary standard terrifying financial ‘advisors’ across the world
After decades of queering rules, abusing trust and lobbying against higher standards, the financial business is in full on panic mode about the prospects of an incoming fiduciary standard (having to put the best interests of clients ahead of the … Continue reading
Warren to Wells Fargo execs: “either you knew or you should have known”
Bankers have developed a habit of taking credit and cash for apparent upside while avoiding responsibility and any liability when things go bad. This one-sided bet is not available to the rest of us and it has to end for … Continue reading
