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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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Daily Archives: April 11, 2022
Fast price moves break things
Gasoline prices leapt 45% over the past year, and the UN Food and Agriculture food price index, rose 34 percent to an all-time high in March (shown below since 2001). In the process, expectations for central bank rate hikes have … Continue reading
Powering education with renewable energy
As Canada’s federal government flounders with more oil and gas subsidy schemes like carbon capture, others show what productivity and life-improving investments look like–those that cut waste and divert the savings to critical services like public education. There is no … Continue reading
Past time to ban politicians (and central banks!) from front running
So outrageous and obviously queering of judgment and policy decisions. A flagrant breach of public trust and office, and yet….rampant and unchecked. Adults in the room need to ban and prosecute this activity without further delay. Long over due. https://t.co/WIFZM8GAUI … Continue reading
