For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2024:Q2). The last value (as of the September 12, 2024 update) is $163.796961 Trillion:
(click on each chart to enlarge image)
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Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis, with a current value of 7.1%:
Data Source: FRED, Federal Reserve Economic Data, Board of Governors of the Federal Reserve System; accessed September 12, 2024;
http://research.stlouisfed.org/fred2/series/TNWBSHNO
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 5595.76 as this post is written
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