1. Record High Cash and Record Low Debt for U.S. Households.
Dave Lutz Jones Trading–This week is lesson to everyone on Wall Street who thought the day-trading army had beaten a retreat: They snapped up stocks at the fastest clip on record, pouring around $2.2 billion into equities on Monday alone, according to Vanda Research. Vanda, which tracks traffic on trading platforms and order flows, estimates they poured $482 million into the SPDR S&P 500 ETF Trust (ticker SPY) on Monday, the highest amount on recordContinue reading