Tag

Market Correction

The Gathering Divide

By Blog
Below are the changes in share of net worth for the following socioeconomic categories between 1990 and the end of 2025: Bottom 50%: -26% 50-90%: -18% 90-99%: -4% Top 1%: +39% Top 0.1%: +67% It’s not so much the share of wealth that matters most—it’s a common debate where the optimal level should be—but rather the direction of that share over time. Those categories at the top of the economic strata that hold the bulk of financial assets tend to be held in check by recessions and market corrections...until they figure out how to commandeer government institutions to minimize them…
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