For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2022:Q3). The last value (as of the December 9, 2022 update) is $143.278389 Trillion:
(click on each chart to enlarge image)
![Household and Nonprofit Organizations Net Worth](https://www.economicgreenfield.com/wp-content/uploads/2022/12/TNWBSHNO_12-9-22-143278.389.png)
–
Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of -1.4%:
![Household and Nonprofit Organizations Net Worth Percent Change From Year Ago](https://www.economicgreenfield.com/wp-content/uploads/2022/12/TNWBSHNO_12-9-22-143278.389-1.4-Percent-Change-From-Year-Ago.png)
Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed December 9, 2022;
http://research.stlouisfed.org/fred2/series/TNWBSHNO
_____
The Special Note summarizes my overall thoughts about our economic situation
SPX at 3956.28 as this post is written
No comments:
Post a Comment