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Wealth at all levels is at record highs in U.S., Jeremy Horpedahl notes

Wealth at all levels is at record highs in U.S., Jeremy Horpedahl notes
Wealth hits record highs in U.S.

Jeremy Horpedahl stated that wealth across the distribution is at record highs in the U.S. He characterized the current situation as a clear indication of widespread financial strength within the country.

Horpedahl has previously highlighted that wages in the U.S. rose 38 percent over the past seven years, outpacing consumer prices as measured by the CPI-U in recent analysis. He also noted Israel's GDP per capita by purchasing power parity is close to that of Spain and Poland, ranking 17th among countries with at least 10 million people, according to separate research. These observations add to his ongoing commentary on financial and economic trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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