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It’s Not the Money, It’s the Mood

The Compound and Friends

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Wealth Dynamics and Generational Struggles

This chapter explores the complexities of wealth management, focusing on high-net-worth individuals and the influences of economic fluctuations on spending behaviors, particularly in luxury markets. It highlights the dramatic wealth disparities exacerbated by the pandemic, the challenges younger generations face regarding housing affordability, and the impending wealth transfer from baby boomers to Gen X and millennials. Through insightful discussions, it unpacks the evolving perceptions of wealth and the growing sentiments around inequality among younger generations.

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