From teh St. Louis Fed. Something doesn't add up
"What is the current generational wealth gap?
Younger Americans (millennials and Gen Zers) owned 75 cents for every $1 of wealth owned by Gen Xers at the same age.3
Younger Americans (millennials and Gen Zers) owned 84 cents for every $1 of wealth owned by baby boomers at the same age."
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Heading to Maine early tomorrow morning for some fun in the sun! :)
In the meantime, read this piece by Andrew Biggs.
See you next week!
andrew biggs @biggsag writes...you read. This is not negotiable
https://littleknownfacts.substack.com/p/the-two-charts-any-social-security