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Cory’s Chart Corner
Load MoreWildly asymmetric and unsustainable.
The Kobeissi Letter @KobeissiLetterBREAKING: The wealthiest 1% of US earners now own 50.1% of US equity and mutual fund holdings.
To put this into perspective, their ownership stood at 40.1% in 1990 and 39.6% in 2001.
At the same time, the next 9% wealthiest households own 37.3%, and the middle 40% own just_________________________
Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Author Archives: Danielle Park
‘YOLO’ gamblers increase downside for all participants
Bloomberg Intelligence estimates that ordinary retail investors have accounted for some 23% of all US equity trading in 2021, more than twice the level of 2019. As charted below by the FT, this makes the ‘retail’ activity in equity markets … Continue reading
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Thoughts from the Frontline: Everything is broken
John Mauldin’s latest Thoughts from the Frontline adeptly summarizes the financial markets and prospective losses facing those holding equity and corporate bond portfolios and funds today. There is a way through this mess, but few people are proactively positioned to … Continue reading
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James Grant on Bitcoin and other bubbles
This segment is a worthwhile overview of the history of interest rates, the Federal Reserve, asset bubbles and their deleterious effects on the economy and savers. One caveat: I disagree entirely with Jim’s dismissal of Tesla vehicles (as distinct from … Continue reading
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