Willem Buiter, chief economist at Citigroup, and Gary Shilling, president at A. Gary Shilling & Co., examine the Federal Reserve’s pursuit of its inflation target and why the experts have been so wrong on inflation following the financial crisis. Here is a direct video link.
World trade, China and globalization. Here is a direct video link.
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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.
