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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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Renewable energy: best global growth opportunity
Over the past decade, the cost of renewable electricity has fallen some 64% for utility-scale solar power and 41% for land-based wind since 2008. At current pricing, renewables are already competitive with coal and natural gas, and getting cheaper by … Continue reading
Why declaring cabinet ‘highest IQ’ ever, is not smart
Last night President-elect Trump proclaimed his team “by far the highest IQ of any cabinet ever assembled” (here is the video for those who can’t believe anyone would say that). Thinking people should be reminded of Daniel Khaneman’s illuminating work … Continue reading
Shiller: ‘cathartic crash and judgment day’ likely to follow ‘Trumplosion’
America should brace for a final blow-off surge in stock markets akin to the last phase of the dotcom boom or the “Gatsby” years of the Roaring Twenties, followed by a cathartic crash and day of moral judgment, according to … Continue reading
