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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
Introducing Tesla to Grandpa
May we all keep open minds as we age. A commercial real estate broker in Toronto, Canada introduces his 97 Year-Old Grandfather to “the future”. Here is a direct video link.
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Weekend reading: The S&P 500: Just Say No
GMO’s James Mortimer and Matt Kadnar have written a great piece breaking down and comparing ‘relative’ value opportunities in risk assets today. Well worth the time for anyone with savings to shepherd through the world’s presently precarious financial markets. See: … Continue reading
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Fact-checking the Trump business conflicts saga
The trouble with pathologically dishonest behavior and actors is that they have a way of making rational people feel like the rational people are crazy or the problem. As a lawyer and analyst I have always found that a focus … Continue reading
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