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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: August 16, 2017
Accepting the evolution of transport
Next to housing, transport has been the largest consumer spending item for decades. That is now changing. Understanding and anticipating the transport evolution now underway is a critical piece of navigating the economy and investing landscape today. See more here, … Continue reading
Canadian realty prices: what soared up, now coming down
The Canadian Real Estate Association reported yesterday that Canadian home sales slipped for a fourth consecutive month. Toronto and Vancouver both saw sales weaken by 41% and 8% year-over-year respectively. Month-over-month the nationwide decline was 2.1% while Toronto fell 5.4%, … Continue reading
Subprime auto loans the next big short
Broke buyers, desperate to move product-well-past reasonable-demand-manufacturers and dealers, along with price indiscriminate-desperate-to-dump-capital anywhere ‘investors’ have made a big mess once again. See ‘Deep’ Subprime Car Loans hit Crisis-Era Milestone: Amid all the reflection on the 10-year anniversary of the … Continue reading
