Wealth share of top 0.1% in the US reaches record levels
- 1The top 0.1% in the US own 15% of all household wealth.
- 2If a bubble currently exists, it is different from the 2021 COVID bubble.
- 3The current situation is more similar to the 1999-2000 tech bubble.
So what's the key point?
The top 0.1% of wealthy individuals in the US hold 15% of all assets. The current situation is similar to the past tech bubble.
Source Abnormal Returns · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.