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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: April 26, 2017
Canada: under-saved, undiversified and unprepared for mean reversion
Canada enjoyed elevated cash flow during the late, great, global commodity boom 2002-2011. That was then. Cash flow is cyclical, and that cycle is over. Unfortunately, Canada is unprepared for the secular mean reversion that follows secular booms. Thanks to … Continue reading
Oil cos forced to admit: electric vehicles are new normal
Remember the adage: “It’s hard to get a person to admit facts when their pay cheque depends on denying it”? Electric vehicles powered by renewable power makes so much more sense on every measure than old school ‘ICE’, that the … Continue reading
AZ weather woman working around denial and apathy to spread climate facts
Amber Sullins gets a minute or two to tell up to two million people about some extremely complicated science, using the tools of her trade: a pleasant voice, a green screen, and small icons denoting sun, clouds, rain, and wind. … Continue reading
