Chart of the Day: Who has Bought This Bull Market?
We present the following chart which shows cumulative net purchases of US corporate equity since March of 2009…
We present the following chart which shows cumulative net purchases of US corporate equity since March of 2009…
American households have gone from directly owning over 90% of corporate equity in 1951 to owning just 40% today
This is the start of what will hopefully be an reoccurring theme here at The Sounding Line: cartoons. There is no one better to kick it off than Michael P. […]
“I am afraid that the Fed is walking a very serious tight rope. Monetary policy is too restrictive for reasonable economic growth.”
Hope for economic reform and fears in the EU mean that the US is still the best game in town, but key underlying economic fundamentals are increasingly weak.
James Rickards is a four time best selling author of books such as Currency Wars and the Death of Money. While known somewhat deservedly as a ‘gold-bug,’ Mr. Rickards is […]
It is quite literally unsustainable when margin grows faster than prices
Martin Armstrong is one of the most enigmatic and interesting market forecasters out there and we always enjoy it when we come across new interviews with him. This interview with […]