"The share of U.S. household financial wealth derived from stocks has never been so high, easily exceeding the peak of the tech bubble." 👇🏼
– WSJ pic.twitter.com/KZOAXTistM
— Kalani o Māui (@MauiBoyMacro) January 26, 2026
The Economy Is The Stock Market
Strong 2H25 household consumption numbers required on one of the sharpest drops in the savings rate in decades leaving little else supporting the economy other than spending down asset gains. https://t.co/gbPlCTjw2y pic.twitter.com/JSA1IQYmJp
— Bob Elliott (@BobEUnlimited) January 26, 2026