The US middle class is disappearing:
US households with incomes greater than $150,000, adjusted for inflation, now make up a record 34% of all households, rising +29 percentage points since 1965.
At the same time, the middle class has shrunk -11 percentage points, to 45%, the lowest on record.
To put this differently, the middle class is shrinking as many households have joined the upper-middle class.
However, living costs for a basic family budget are now between $130,000 and $150,000.
This comes as costs of childcare, housing, healthcare, and taxes have risen far faster than wages, leaving even two full-time earners struggling to reach stability.
The wealth gap in broadening.
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US households with incomes greater than $150,000, adjusted for inflation, now make up a record 34% of all households, rising +29 percentage points since 1965.
At the same time, the middle class has shrunk -11 percentage points, to 45%, the lowest on record.
To put this differently, the middle class is shrinking as many households have joined the upper-middle class.
However, living costs for a basic family budget are now between $130,000 and $150,000.
This comes as costs of childcare, housing, healthcare, and taxes have risen far faster than wages, leaving even two full-time earners struggling to reach stability.
The wealth gap in broadening.
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Paige Spiranac got ‘tens of thousands of death threats’ after Internet Invitational cheating controversy
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BREAKING: Texas officially becomes the first State to invest $10 million in Bitcoin for its treasury
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ICE raids are taking place in Long Beach, California
The main beach in Long Beach looks like this today, it’s basically empty. Illegals are hiding
This is the main walking path. There is never a time these paths aren’t packed with people. California is FLOODED with illegals
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The main beach in Long Beach looks like this today, it’s basically empty. Illegals are hiding
This is the main walking path. There is never a time these paths aren’t packed with people. California is FLOODED with illegals
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BREAKING: UK Justice Minister Lammy set to unveil policy replacing jury trials with a judge deciding most verdicts
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Last week's market "crash" has been erased:
The S&P 500 has now added +250 POINTS since Friday's low, now ABOVE the November 20th high before the "crash."
That is +$2.1 TRILLION in market cap in less than 3 trading days.
And, this puts the S&P 500 just 2.2% away from entering new all time high territory.
The reality is that the AI Revolution has only become larger, the Fed is cutting rates into a HOT market, and smart investors want more assets.
If you can eliminate the noise, this market becomes incredibly profitable.
Own assets or be left behind.
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The S&P 500 has now added +250 POINTS since Friday's low, now ABOVE the November 20th high before the "crash."
That is +$2.1 TRILLION in market cap in less than 3 trading days.
And, this puts the S&P 500 just 2.2% away from entering new all time high territory.
The reality is that the AI Revolution has only become larger, the Fed is cutting rates into a HOT market, and smart investors want more assets.
If you can eliminate the noise, this market becomes incredibly profitable.
Own assets or be left behind.
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NEW: The National Parks and Federal Recreational Lands pass will cost just $80 for Americans and $250 for foreigners
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NYC mayor-elect Zohran Mamdani starred in a video with trans activist Matt Bernstein where he says NYC will be a city that “celebrates” trans children
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BREAKING: Computer and Printer maker HP announced to cut thousands of jobs due to AI adoption
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There's a common tendency on social media to dismiss small to modest effect sizes when they're illustrated.
But these can have major effects. For example, all of the supposed rise in depression could be explained by a correlation explaining just 2.6% of the variance in it.
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But these can have major effects. For example, all of the supposed rise in depression could be explained by a correlation explaining just 2.6% of the variance in it.
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Media is too big
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Former Antifa member:
“They don’t kill you because you’re a fascist. They call you a fascist so they can kill you”.
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“They don’t kill you because you’re a fascist. They call you a fascist so they can kill you”.
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$11M CRYPTO HEIST HITS SAM ALTMAN’S EX-BOYFRIEND
San Francisco just logged one of the wildest, most cinematic crypto robberies to date:
An armed thief posing as a delivery guy finessed his way into the $4.4M Mission District home shared by investor Lachy Groom - yes, Sam Altman’s ex-boyfriend - and another tech investor named Joshua.
Once inside?
The intruder pulled a gun, tied Joshua up with duct tape, beat him, tortured him with personal info read aloud over speakerphone, and drained $11 million in Ethereum and Bitcoin.
90 minutes. Gone.
This wasn’t a smash-and-grab.
This was a targeted, organized-crime extraction - the kind hitting wealthy crypto holders worldwide.
Garry Tan posted the footage, panicked enough to delete it minutes later.
Crypto-security experts are now saying what everybody thinks:
Self-custody is great until someone shows up at your door with a fake UPS label and a Glock.
San Francisco’s tech elite are about to pivot hard into vault custody, private security, and zero public flexing - because this heist wasn’t random.
It was a warning shot.
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San Francisco just logged one of the wildest, most cinematic crypto robberies to date:
An armed thief posing as a delivery guy finessed his way into the $4.4M Mission District home shared by investor Lachy Groom - yes, Sam Altman’s ex-boyfriend - and another tech investor named Joshua.
Once inside?
The intruder pulled a gun, tied Joshua up with duct tape, beat him, tortured him with personal info read aloud over speakerphone, and drained $11 million in Ethereum and Bitcoin.
90 minutes. Gone.
This wasn’t a smash-and-grab.
This was a targeted, organized-crime extraction - the kind hitting wealthy crypto holders worldwide.
Garry Tan posted the footage, panicked enough to delete it minutes later.
Crypto-security experts are now saying what everybody thinks:
Self-custody is great until someone shows up at your door with a fake UPS label and a Glock.
San Francisco’s tech elite are about to pivot hard into vault custody, private security, and zero public flexing - because this heist wasn’t random.
It was a warning shot.
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