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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: June 2017
Nightmare on Main Street: buy, lose, sell, buy, lose, sell…
The Bank of International Settlements (BIS) is a board made up of 60 different central bank heads, that meets bi-monthly in Basel, Switzerland and bizarrely issues reports where they talk about central bankers (ie., themselves) in the third person. Rather … Continue reading
WNYC examines the birth of climate denial
It started with a substitute teacher in Tennessee who believed that evolution should be taught in the classroom. What followed was a fiery debate that rocketed around the world. The Scopes Trial reminds us that science has often upset the … Continue reading
Tracking oil’s swan song
While Wall St. and traders are preoccupied with daily crude support levels, the real story is the growing race by producers to cash out before ‘black gold’ goes the way of coal and the 8-track. In years previous, articles about … Continue reading
