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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.
Category Archives: Main Page
The [painfully slow] return to reason in banking
The last 20 years have been one for the history books of financial madness and mayhem, the next chapter in Galbraith’s essential “A Short History of Financial Euphoria” and Kindleberger’s Manias, Panics, and Crashes. With the final loss and damage … Continue reading
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Bill Black on swamp inside Trump cabinet
Far from embarrassed about the swamp inside his cabinet, Trumpco boasts about how smart and wealthy they all are. Not to mind the criminal activities used to get the money… Former financial regulator Bill Black says that a Mnuchin-owned bank … Continue reading
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About those 4% US growth targets
Stock and corporate bond markets have soared since the US election in November. Bulls say bidding up assets that were already richly overvalued is all good, because demographics and debt be damned, the new Trump admin are business wizards and … Continue reading
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