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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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Category Archives: Main Page
Supply side not bullish for oil
Lest we forget: the reason oil producers are hoping for an output freeze is because the demand side is weakening and world oil inventories are at record highs. But even if an output agreement is achieved in principle next week, … Continue reading
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Trump: ‘open mind’ on climate problems
Here is some bad news for Trump believers: nothing he has said before seems to be binding. Re the President-elect’s position on the challenges facing our planet however, this trait is good news. See Trump to NYT ‘open mind’ on … Continue reading
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Must read to comprehend context: ‘No more flyover country’
Raúl Ilargi Meijer of the Automatic Earth has written one of the best context pieces I have found on why status quo systems are losing power and substantive change is mandatory. This is not partisan, forces underway are our human … Continue reading
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