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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: June 2021
Jacobson: Biden ‘green’ plan is a start in the needed direction
Jacobson also explains in this segment why carbon capture and new nuclear are “horrible” ideas. President Biden announced his “green” economic stimulus as well as his goals for offshore wind. Stanford professor Mark Jacobson, the author of numerous studies on … Continue reading
Sleeping dollar stirs
Yesterday, the US Fed acknowledged that financial conditions and inflation expectations had rebounded faster than they had predicted, and they now expect to increase their presently near-nil policy rates twice in 2023–a year and a half from now. More imminent … Continue reading
Race for commercially viable net zero planes
Some 6% of European flights are long-haul (greater than 1000km), but going higher and farther, long-haul flights produce more than half of CO2 emissions. Globally, the race is on to develop hydrogen cells that can replace kerosene in fueling long-haul … Continue reading
