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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: October 19, 2017
CBC: Abacus bank: small enough to jail
This expose is disturbing and worth watching. The largest investment bank executives remain ‘too big to jail’ today, and are still queering, even writing, public policy in their favor, while effectively buying off the regulatory and legal response to their … Continue reading
World’s first floating wind farm in Scotland
Some people thought we were crazy when we put a giant wind turbine on top of a floating spar structure and towed it out to sea. But it turned out to be the future, and the future is now. This … Continue reading
Sanders: ‘Government of the billionaires, for the billionaires and by the billionaires’
After denying it for months, Goldman Sachs alumnus cum Treasury Secretary Steve Mnuchin is finally admitting that their proposed tax reform will give tax cuts to the wealthiest Americans and–horror of horrors, threat of all threats–“a failure to pass such … Continue reading
