07.23.26

Equities Surpass Real Estate as Top US Wealth Driver for First Time Since WW2

by: Joel Jose

Equities have overtaken real estate as the largest source of U.S. household wealth for the first time since World War II, reflecting the stock market’s growing influence on personal finances and consumer spending. Strong market gains since the global financial crisis, led by technology stocks, have pushed equity allocations among U.S. households to nearly 50% of financial assets, according to Goldman Sachs.

Read the full article on Reuters