37sec snip

Animal Spirits Podcast cover image

Fighting Inflation (EP.359)

Animal Spirits Podcast

NOTE

Wealth Trends for Americans Under 40

Household wealth for Americans under the age of 40 has increased by 49% from pre-pandemic levels, as indicated by analysis from the Center for American Progress. Looking back, there was a significant decrease in wealth from 2005 to 2010, almost halving during that period. This disparity raises the question of whether millennials or Gen Z face more financial challenges. The decline in wealth during 2005-2010 was mainly attributed to the housing market. The key question remains: what can be gleaned from these wealth trends?

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