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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: March 2022
Peloton’s wild ride
The subscriber-based treadmill and fitness company amassed a cult following in the early days of the pandemic, pushing the stock price to euphoric highs. Then everything changed. Individual company narratives vary, but stock declines over 70% are typical after extreme … Continue reading
Down the Middle: The problem with credit
This segment is a worthwhile discussion on global credit markets, credit creation, what they are telling us about the global economy and why China cannot sustain global demand this time. Economist Danielle DiMartino Booth does a virtual interview with Alfonso … Continue reading
Putin’s road to war: Julia Ioffe
Some informed insight on Putin and his thinking on Ukraine. In an interview for the upcoming FRONTLINE documentary “Putin’s Road to War,” journalist Julia Ioffe discusses Vladimir Putin’s invasion of Ukraine — and why she believes the Russian leader is … Continue reading
