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Cory’s Chart Corner
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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Salesman Trump overselling?
As we wrote last month, Trump warned that stocks were in a ‘big bubble’ while he was on the campaign trail. But since the election, he and his admin have foolishly asserted they deserve credit for the price rally since … Continue reading
Wells Fargo north: Canadian banks cross-selling customers into financial hell
Further to the revelations last fall that US bank Wells Fargo was driving its employees to cross-sell customers debt and risk products to their financial ruin, we noted that Wells was not unique in its predatory business plan. It is … Continue reading
Investment scams and reckless advice widespread today
In today’s low yield environment, now more than ever, people are being seduced by the promise of better returns, without appreciating the significant capital risk involved. Although, it may look great for a while, this approach usually ends badly in … Continue reading
