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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: January 17, 2017
Fake news and false prophets/profits
I have to admit, all the recent attention on ‘fake news’ strikes me as naive. Never mind all the completely made up information, what about the relentless deluge of official government and corporate financial data and press releases. Did most … Continue reading
Electric cars save lives
A recent study by the American Lung Association suggests that electric cars (EVs) will help to save thousands of lives per year in the US by reducing air pollution. But there is another life-saving design advantage in electric cars. The … Continue reading
The round trip of higher oil prices
Promised cuts enabled OPEC to talk up oil prices over the past few months (intended to boost the value of their planned Aramaco IPO in 2018), but the downside is that higher prices encourage higher production and ultimately a round … Continue reading
