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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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Monthly Archives: February 2017
Secular driver of deflation: demographics
Those hoping for a magical return to 1980’s-2000 style 4% growth rates in North America, that will justify bubble-high asset valuations, are ignoring a huge part of reality: populations all over the west, China and Japan, who wield the lion … Continue reading
Bill Nye on climate, cognitive dissonance and the business case for smart energy
Improved health, efficiency, business opportunity and job growth are all obvious reasons to embrace green energy. But for those who are worried about the rising influx of displaced people in the world: the best way to slow the rise of … Continue reading
Jeff Sachs on Building the New American Economy: Smart, Fair, and Sustainable.
Bloomberg View columnist Barry Ritholtz interviews Jeffrey Sachs, Director of the Earth Institute, Quetelet Professor of Sustainable Development, and Professor of Health Policy and Management at Columbia University. Here is a direct audio link.
