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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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WNYC examines the birth of climate denial
It started with a substitute teacher in Tennessee who believed that evolution should be taught in the classroom. What followed was a fiery debate that rocketed around the world. The Scopes Trial reminds us that science has often upset the … Continue reading
Tracking oil’s swan song
While Wall St. and traders are preoccupied with daily crude support levels, the real story is the growing race by producers to cash out before ‘black gold’ goes the way of coal and the 8-track. In years previous, articles about … Continue reading
Central banks are architects of global stagnation and insolvency
For the past 20 years, the world has careened from one greater and greater insolvency shock to another. Each time, central banks have been summoned to the ‘rescue’ deploying increasingly more aggressive monetary magic. But after 9 years at near … Continue reading
