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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: September 6, 2017
GTA home prices in bear market (even before BOC’s hike today)
Asset prices that roar up have a time-tested tendency to crash down. Case in point, a decline of 20% in greater Toronto average home prices over the four months between April and the end of August, was enough to wipe … Continue reading
The lure of ‘winning’ makes savers easy prey
Funneling our savings into lottery tickets and Ponzi-like financial markets doesn’t make us investors, it makes us the dumb-money cash flow for a few controlling operators and skimmers. Those with savings to lose must understand the dishonest, unethical games being … Continue reading
Rising sea temperatures fueling record storms
A just-released statement from the National Hurricane Center confirms that Hurricane Irma is the strongest hurricane in the Atlantic basin outside of the Caribbean Sea and the Gulf of Mexico in their records, and tied for second place as the … Continue reading
