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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
Corporations knowingly fuel food addictions behind our ill health epidemic
Profits at the expense of life and limb should not be subsidized and enabled by public policy. Listen and share. Many of us are aware that a steady diet of candy, cookies and soda isn’t the best thing for our … Continue reading
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All in and then some
In every market cycle, once everyone who can or will buy has bought, only sellers remain. Today, households have a record 48% of their financial assets allocated to equities, the same level as the tech top in March 2000 and … Continue reading
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RIP Daniel Kahneman
My heart is heavy today because of Daniel Kahneman’s death. Dr. Kahneman was a wisdom mentor for me and many others, and his teachings on money management and investing will always illuminate. Michael Lewis’s 2017 book The Undoing Project discusses … Continue reading
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