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Cory’s Chart Corner
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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Price discovery coming for realty sector
Historically it has been typical at the beginning of real-estate downturns for listings to decline as owners try and extend loans rather than sell properties at lower prices. That has happened over the past year with residential and commercial properties. … Continue reading
Some thoughts on tipping
In Ontario, the general minimum wage, including liquor servers, bartenders and waiters, is $15.50 per hour. In some areas of the US, the minimum wage for tipped services is, unbelievably, $2.13 per hour, the same minimum that was established in … Continue reading
ECRI: Fed not cutting despite bad things happening
The Fed’s inflation outlook is “totally disconnected from what the market wants,” @businesscycle Co-Founder Lakshman Achuthan, alongside @SPGlobal’s Paul Gruenwald. “The market is looking for a [rate] pause or a cut, and that is just not in the cards.” (Too … Continue reading
