For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2020:Q3). The last value (as of the December 10, 2020 update) is $123.519725 Trillion:
(click on each chart to enlarge image)
–
Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 7.6%:
Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed December 10, 2020;
http://research.stlouisfed.org/fred2/series/TNWBSHNO
_____
The Special Note summarizes my overall thoughts about our economic situation
SPX at 3668.10 as this post is written
No comments:
Post a Comment