This week's Mitch on the Markets is now available: U.S. Households Still Sour on the Economy—That's Bullish #investing #economy #bullish
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Great news for the economy! According to the latest Consumer Finance Survey, millionaire households have increased from 13.8% to 18.4% between 2019 and 2022, while indebt households decreased from 10.43% to 7.54% within the same period. Although these numbers are not adjusted for inflation, it's still a positive indicator of household wealth accumulation, especially in the lower bracket. Additionally, the average household's net worth has increased from $866K to $1.06M. #economy Edgewater Family Wealth #wealthaccumulation #federalreserve #finance
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://okt.to/uXGNmP
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://okt.to/KQetvp
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://okt.to/luw60z
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://okt.to/m5erx4
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://okt.to/wITKuF
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://okt.to/vBdoY0
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://okt.to/xejbGo
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://bit.ly/4cKsUwK
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Although consumer sentiment was better than expected in June, households are feeling the weight of inflation, higher interest rates, and lower wage growth. Read our full report. #economy #consumersentiment https://okt.to/qSHKhp
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