The Senate hearing into HFT this morning is long overdue and hopefully will reveal how widespread, indefensible and outrageous these practices have become. Carl Levin’s opening comments are off to a good start… You can see a video of testimony here.
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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.
