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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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Vegan foods rising
Twelve percent of millennials identify as vegetarians and meat consumption in the U.S. fell 15% in 2015. Plant-based proteins are expected to make up a third of the protein market by 2054. In a world of 7.4 billion people with … Continue reading
Shiller: valuations are nuts (but maybe the party can last a little longer?)
Animal spirits indeed: Professor Shiller says that, near-term, Trump-euphoria is making him question the relevance of historically reliable valuation metrics. (You mean ‘this time is different?’ Heard that one in 1998-2000 and 2006-08, as well). Still he acknowledges that at … Continue reading
Worthwhile watch: Sour Grapes documentary
Caught this documentary on Netflix last night: well worth the watch. All the usual behaviors and character types: bankers, international money laundering, fraud and greater fools. But also fascinating insight into the wine business. Here is a direct video link … Continue reading
