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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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Singer: “fixes” have made economy and investment prospects weaker
Elliott Management Founder and Co-CEO Paul Singer says he is “very concerned” about the financial system after nearly a decade of what he describes as “monetary extremism.” He speaks to David Rubenstein on “The David Rubenstein Show: Peer-to-Peer Conversations.” Here … Continue reading
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A peek inside Formula E
Run like the wind without the noise and stink. Here's an inside look at Formula E — the racing series that only uses electric cars pic.twitter.com/LhZZYdU2Bm — Business Insider (@businessinsider) July 26, 2017
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Flash from the past to start the day
Hat tip to John Hussman for this November 1929 Business Week quote to start another day in our own crazy market cycle. At the time of this writing, markets were 2 weeks into a two year long 80% fall in … Continue reading
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