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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
Issue number one: a sustainable environment
Mr. Trump sounded encouragingly more conciliatory and serious in his 60 Minutes interview. But the most important issue facing humanity today is one that 60 Minutes didn’t ask him about. Above all our festering on the minutiae of social difference, … Continue reading
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60 Minutes: President-elect Donald Trump
What can we expect from a Trump presidency? 60 Minutes’ Lesley Stahl finds some of his campaign issues were not meant to be taken literally, but as opening bids for negotiation. Here is a direct video link.
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New government faces old debt weight and dysfunction
Former Reagan Budget Director David Stockman on the need to rein in America’s mounting debt. Here is a direct video link. John Hussman explains the present economic challenge well today in Judging Economic Policy: “The primary source of failure in … Continue reading
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