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Cory’s Chart Corner
In both directions. h/t @LanceRoberts
This 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.
Category Archives: Main Page
Cross-selling frenzy of finance/legal/accounting services, costing clients dearly
In a coffee shop yesterday, we overheard another accountant pitching their client on money management services through a Bay Street firm. We have heard many anecdotes and complaints from people across the country about the aggressive cross-selling of accounting/legal/investment services … Continue reading
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Toronto home prices: mean reversion alive and well
What soars up tends to crash down. Welcome to ‘free’ money driven asset moves. What about all those supply shortages the realtors were talking about? Nothing like insanely high prices to bring supply on stream. In July Toronto new listings … Continue reading
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Temporarily goosing share prices is bad for everything else
A simple fix to refocus energy on business building that grows prosperity and solves global problems rather than on short term accounting gimmicks that drive up share prices temporarily: change the law back to pre-1982 ban on share buybacks as … Continue reading
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