03-11-2021, 08:06 PM
U.S. household net worth rose by a record high $6.93 trillion in 4Q 2020 to $130 tri
<!-- SC_OFF --><div class="md"><p><a href="https://www.google.com/amp/s/www.wsj.com/amp/articles/u-s-household-net-worth-rose-5-6-in-4q-to-record-130-2-trillion-11615482059">https://www.google.com/amp/s/www.wsj.com/amp/articles/u-s-household-net-worth-rose-5-6-in-4q-to-record-130-2-trillion-11615482059</a></p> <p>Once again, it is time to acknowledge the absurdity of this bull run we have experienced. With so many people saving and enjoying the euphoric feeling of record highs, I can’t help but think this all seems too good to be true. </p> <p>Once the economy is fully re-opened, it will be interesting to see how much people are willing to spend and the impact that will have on inflation. Will it be a non-event like many experts are expecting? </p> <p>In my opinion, I think we are either underestimating the potential surge in inflation or a possible market correction. An abundance of wealth has been created this past year, unlike anything we have ever seen before. There are consequences to this - not saying it is bad, but when households are gaining 20% in wealth on an annual basis, it’s silly to think there is no cause for concern.</p> <p>What are your thoughts?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/jejakqmqm"> /u/jejakqmqm </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/m2vpns/us_household_net_worth_rose_by_a_record_high_693/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/m2vpns/us_household_net_worth_rose_by_a_record_high_693/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><a href="https://www.google.com/amp/s/www.wsj.com/amp/articles/u-s-household-net-worth-rose-5-6-in-4q-to-record-130-2-trillion-11615482059">https://www.google.com/amp/s/www.wsj.com/amp/articles/u-s-household-net-worth-rose-5-6-in-4q-to-record-130-2-trillion-11615482059</a></p> <p>Once again, it is time to acknowledge the absurdity of this bull run we have experienced. With so many people saving and enjoying the euphoric feeling of record highs, I can’t help but think this all seems too good to be true. </p> <p>Once the economy is fully re-opened, it will be interesting to see how much people are willing to spend and the impact that will have on inflation. Will it be a non-event like many experts are expecting? </p> <p>In my opinion, I think we are either underestimating the potential surge in inflation or a possible market correction. An abundance of wealth has been created this past year, unlike anything we have ever seen before. There are consequences to this - not saying it is bad, but when households are gaining 20% in wealth on an annual basis, it’s silly to think there is no cause for concern.</p> <p>What are your thoughts?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/jejakqmqm"> /u/jejakqmqm </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/m2vpns/us_household_net_worth_rose_by_a_record_high_693/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/m2vpns/us_household_net_worth_rose_by_a_record_high_693/">[comments]</a></span>Kind Regards R