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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: March 2017
Note to stocks at exuberant valuations
To all the bulls touting stocks at supremely optimistic, exuberant valuations: this red corporate profit line is mean reverting lower from record highs. History suggests that this is a secular trend with much further to go. Corporations cannot have it all their … Continue reading
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