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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: December 2017
BOC: Canadian economy looking ‘uncertain’ into 2018
Bank of Canada sat tight today–no rate hike–seeing economy weakening into 2018. With the 10 to 2 year Canadian government yield spread now .36% versus .75 a year ago (red arrow), the bond market also sees slow growth looking into … Continue reading
TED: Gender equality is in everyone’s best interests–men included
Yes, we all know it’s the right thing to do. But Michael Kimmel makes the surprising, funny, practical case for treating men and women equally in the workplace and at home. It’s not a zero-sum game, but a win-win that … Continue reading
Government largess to large corps ballooning public debt
The Irish economy collapsed in the 2008 recession and financial crisis, leading to a massive government bail-out of investment banks and highly levered corporations. The efforts shackled the taxpayers with generational debt that they have been laboring to repay amid … Continue reading
