Household net worth in the United States has increased USD25 trillion since end-2019, or nearly 115% of GDP
Great article! Thanks for sharing
thank you. unfortunately the distribution of household net worth seems critically important to have a view on this subject. its far from clear that "trickle down" markets work...i think evident in the fact that the multiplier effect on wealth spending has fallen over time, no?
Chris are the numbers similar for other Advanced Economies, and which ones of those diverge most from US trends?