The tweet was deleted by the author.
But we saved everything 🙂.
Ben Carlson, director of institutional asset management at Ritholtz Wealth Management, highlights significant changes in U.S. household net worth since the end of 2019. According to Carlson, the bottom 50% of households saw a 129% increase in net worth, outpacing other segments. The top 0.1% experienced a 106% rise, while the next 40% and top 1% recorded gains of 74% and 63% respectively. Overall, U.S. household net worth increased by 70% during the period.
View post on X Loading...
Carlson has recently commented on market concentration, noting that the top 10 S&P 500 stocks now represent about 40% of the index. He has also examined the impact of emerging technologies, stating that artificial intelligence could boost S&P 500 EPS growth by 2% per year but may carry a 10% chance of existential human risk. These observations reflect his focus on key trends affecting wealth and equity markets.