For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2022:Q4). The last value (as of the March 9, 2023 update) is $147.707020 Trillion:
(click on each chart to enlarge image)
![TNWBSHNO $147.707020 Trillion](https://www.economicgreenfield.com/wp-content/uploads/2023/03/TNWBSHNO_3-9-23-147707.020.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%:
![TNWBSHNO -2.7 Percent Change From Year Ago](https://www.economicgreenfield.com/wp-content/uploads/2023/03/TNWBSHNO_3-9-23-147707.020-2.7-Percent-Change-From-Year-Ago.png)
Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed March 9, 2023;
http://research.stlouisfed.org/fred2/series/TNWBSHNO
_____
The Special Note summarizes my overall thoughts about our economic situation
SPX at 3918.32 as this post is written
No comments:
Post a Comment