Mmastodon BusinessFinance first seen 3 d ago, last 3 d ago, peak #3
Affluent and Older Americans Gained Most Wealth Since Pandemic
Original: Affluent and Older Americans Got Much Richer in the Postpandemic Years https://www.wsj.com/economy/affluent-and-older-am
A Wall Street Journal analysis reports that affluent and older Americans became much wealthier in the years following the pandemic, widening the gap with younger and lower-income households. Rising asset values in housing and stocks are credited with driving gains concentrated among older, wealthier groups, renewing debate over inequality and generational wealth divides in the US economy.
Why now: Concern about widening wealth inequality and generational gaps in the postpandemic economy
Wall Street JournalUnited Statesaffluent Americansolder Americans
Evidence
- Affluent and Older Americans Got Much Richer in the Postpandemic Years https://www.wsj.com/economy/affluent-and-older-americans-got-much-richer-in-the-postpandemic-years-f53b3113?mod=rss_markets_main # Finance # Economy # Wealth · wsj_markets@robot.villas · 4
API: https://socialmediatrends-api.osmike.com/v1/trends/1634098