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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: May 2018
The rise of finance and the fall of American business
I reviewed Ms. Foroohar’s book Makers and Takers on the blog in 2016 here, well worth reading. This recent interview continues the conversation. It is posted in 6 different segments which automatically follow once you play the first at the … Continue reading
Closing the gender pay gap key to social and economic progress
Many people talk about gender pay inequality as a female problem, actually it is a problem that costs the overall economy (everyone) greatly. While business leaders and politicians fear slow growth and fixate on ideas to stimulate the economy, pay … Continue reading
Wishful thinking and willful blindness yield pension plan disappointment
The Ontario Municipal Employees Retirement System (OMERS) is Canada’s largest defined benefit pension plan with $95 billion in net assets (as at December 31, 2017), administering pensions for almost half a million active, deferred and retired employees of nearly 1,000 … Continue reading
