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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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Daily Archives: November 4, 2016
Huff Post: 10 GTA areas where house prices have gone insane
Won’t end well… Homeowners in King Township, Ont., have basically won the lottery. House prices in the region north of Toronto have nearly doubled in just the past year — up 89.6 per cent since October, 2015, according to data … Continue reading
Long and loose auto-loans now coming up short
Though income growth was flat and debt levels high since the 2008 recession, auto makers and dealers were able to get product out the door by lowering lending standards, and extending loan terms (up to 8 years-double historic norms), even … Continue reading
Bloomberg report: Wells Fargo executives knew about Fraud
Wells Fargo & Co. is in the process of a board investigation of the scandal involving employees opening unauthorized customer accounts. Bloomberg’s Laura Keller reports on management accountability at the bank. Here is a direct video link. Also see the … Continue reading
