JUST IN: Trump says he respects Iraniansβ for enduring immense pain but claims they are stronger at negotiating than fighting
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US household exposure to the stock market has never been higher:
Equities now make up 25.63% of total US household net worth, the highest since data began in the 1940s.
This surpasses the 2000 Dot-Com Bubble peak of 19.56% and the 1968 high of 22.01%.
The percentage has almost TRIPLED since the 2008 Financial Crisis low of 8.77%.
This means a significant correction in stocks could trigger a sharp pullback in spending, particularly among higher-income households who drive a significant part of consumption.
Consumer expenditures currently represent ~69% of US GDP, near an all-time high.
The US economy has never been more dependent on stock market performance.
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Equities now make up 25.63% of total US household net worth, the highest since data began in the 1940s.
This surpasses the 2000 Dot-Com Bubble peak of 19.56% and the 1968 high of 22.01%.
The percentage has almost TRIPLED since the 2008 Financial Crisis low of 8.77%.
This means a significant correction in stocks could trigger a sharp pullback in spending, particularly among higher-income households who drive a significant part of consumption.
Consumer expenditures currently represent ~69% of US GDP, near an all-time high.
The US economy has never been more dependent on stock market performance.
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Grain, steel, fertiliser blocked by Hormuz closure: data
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Hegseth OUSTS Army Chief of Staff β CBS
Gen. Randy George 'asked to step down and take immediate retirement'
'Hegseth wants someone in role who will implement Trump and Hegseth's vision for Army'
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Gen. Randy George 'asked to step down and take immediate retirement'
'Hegseth wants someone in role who will implement Trump and Hegseth's vision for Army'
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This is MASSIVE for the crypto market.
Coinbase has now officially received OCC approval to become a U.S. trust BANK.
With the crypto market structure bill coming, the fundamentals are the strongest they have ever been in history.
Trillions will enter the market and the next bull run will be the biggest ever in the history of crypto market.
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Coinbase has now officially received OCC approval to become a U.S. trust BANK.
With the crypto market structure bill coming, the fundamentals are the strongest they have ever been in history.
Trillions will enter the market and the next bull run will be the biggest ever in the history of crypto market.
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JUST IN: Iranian Armed Forces spokesperson says Iran is waiting for US Trump to invade.
"We will teach them such a lesson that they will never attempt to invade any country again."
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"We will teach them such a lesson that they will never attempt to invade any country again."
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People talking about βAi one shotting peopleβ
Like Instagram didnβt one-shot millennials.
Like Facebook didnβt one-shot Boomers.
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Like Instagram didnβt one-shot millennials.
Like Facebook didnβt one-shot Boomers.
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JUST IN: US redeploys world's largest aircraft carrier USS Gerald R. Ford to Iran war
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DEVELOPING: This alleged prostitute is going viral after she was spotted working on the clock while being pregnant with an ankle monitor
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This video of Pam Bondi is going viral as more people start to notice
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