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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: September 23, 2021
China’s ‘controlled’ credit explosion
This report gives a good overview of the global interconnections in our highly levered financial markets and economies. Deflation in the global property sector is needed. It will be painful but also helpful longer-term in redirecting capital from realty speculation … Continue reading
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