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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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Political promises and healthy perspective
In the week after the Trump ‘shock’, North American old economy stocks have rallied and bonds have fallen. But do market participants actually believe that promised fiscal stimulus will be so effective as to sustain rising inflation and profit growth … Continue reading
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Blame and liability for environmental damage coming our way
A key reason that anxiety is booming among young people today is their intuitive understanding that the planet’s ecosystem is in distress and most of us adults are doing nothing meaningful to help. Think our descendants will not hold us … Continue reading
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Russell Brand explains the urge for political change
Well articulated. Trump. Right. Okay, the world’s gone nuts: Russell Brand, The Trews. Here is a direct audio link.
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