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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: February 12, 2021
The human ups and downs of market mania
Lest anyone thinks it is just large-cap tech stocks that are trading to Jupiter these days, the chart of small-cap stock prices (the Russell 2000 index below since 2001) shows an incredible 40% gap above their 200-day moving average. Sven … Continue reading
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