US Households now have 42% of their financial assets in stocks (the highest ever). In the meantime the Fed’s balance sheet shows the largest drawdown on record September 4, 2024 2:37 pm by CWR Sharing is Caring! Now would be a good time for the old rug pull. See also SCE Labor Market Survey: The proportion of individuals who reported searching for a job in the past four weeks rose to 28.4% from 19.4% in July 2023, highest since March 2014. The average expected likelihood of becoming unemployed in the next four months reached a series high. h/t Perfect_Alarm_2141 See also Thanks To The Cost Of Living Crisis, U.S. Household Debt Has Soared To The Highest Level Ever Recorded Views: 689
