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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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Car execs charged, bankers still at large and wrecking havoc
I have been pointing out since 2009, that the Obama administration failed its calling when it chose to not prosecute bank executives for the criminal activities they directed, oversaw and willfully overlooked in their companies. The financial crisis handed the … Continue reading
Confidence not enough to boost economy
Today the US Commerce Department reported retail sales rose 0.6% in December from a month earlier. Though helped by strong car sales and higher gas prices, sales in other categories were flat on the month and underscored how bad the … Continue reading
Progress: Takata executives criminally charged re air-bag fraud
Some good news. It’s about time. See: Takata executives criminally charged in US probe of faulty air bags: The indictment alleges the executives, who worked at Takata both in Japan and the U.S. for decades, participated in manipulating test data. … Continue reading
