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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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Daily Archives: January 19, 2017
Shiller: ‘cathartic crash and judgment day’ likely to follow ‘Trumplosion’
America should brace for a final blow-off surge in stock markets akin to the last phase of the dotcom boom or the “Gatsby” years of the Roaring Twenties, followed by a cathartic crash and day of moral judgment, according to … Continue reading
Bankers excited: Trump to make Wall Street great again
As attendees at the economic forum in Davos this week wax curious about the “populism” and “inequality” undermining world order today, irony and hypocrisy are thick and cognitive dissonance plentiful. What has been great for grotesquely enriching Davos-ites and the … Continue reading
The Secret Rules of Modern Living: Algorithms
We caught this 2015 BBC documentary on Netflix last night. Very well done, entertaining and educational. At the moment at least, it is also available on Youtube at the link below. Without us noticing, modern life has been taken over. Algorithms … Continue reading
