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Cory’s Chart Corner
In both directions. h/t @LanceRoberts
This 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.
Daily Archives: September 28, 2023
Canadian recession “earlier and harder”
Unfortunately, a decade of loose money and misallocated capital has set Canada up for a period of hard return. David Rosenberg, President and Chief Economist & Strategist of Rosenberg Research & Associates Inc., talks with Financial Post’s Larysa Harapyn about … Continue reading
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China’s housing bust spreads
Shares in the Chinese property firm Evergrande have fallen as problems in the country’s struggling housing market deepen – affecting the wider economy. Its mainland unit Hengda Real Estate has defaulted on 4bn yuan (£449m; $547m) of debt, it revealed … Continue reading
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