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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
“Stimulus” that will work? gender pay equality
In a slow growth world, where middle class household incomes have been stagnate for years now, everyone is looking for stimulus ideas that will help rebuild household strength, savings and consumption ability. Here’s one of the most obvious: require equal … Continue reading
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China banking problems likely to slow global growth further
Kyle Bass, Hayman Capital Management, speaks to CNBC’s Andrew Ross Sorkin about his views on China’s banking system. Here is a direct video link.
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Does anyone know what happened to those 22 million emails the Bush Admin lost?
As I have said before, I am not a fan of either leading Presidential candidate. They both seem unworthy of trust to me. But I do think that intelligent people damage their own credibility when they try to the defend … Continue reading
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