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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: September 2017
Transport sector racing into creative destruction
Riding-share-company Lyft’s director of product, recently talked to MarketWatch about how autonomous vehicles will revolutionize the ride-sharing industry within the next 4 years. Here is a direct video link. This evolution is so imminent now that even the notoriously dysfunctional … Continue reading
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
