US household net worth soared $7 trillion in Q4 and to record high $130.2 trillion

[F-22Raptor]

https://twitter.com/x/status/1370057102987780096

https://twitter.com/x/status/1370057308693233674

Household Net Worth
The net worth of households and nonprofit organizations increased by $6.9 trillion to $130.2 trillion in the fourth quarter. The value of directly and indirectly held corporate equities increased by $4.9 trillion largely because of further gains in corporate equity prices. The value of real estate held by households increased by $0.9 trillion. After three quarters of solid growth, household net worth is now about $12 trillion above its level at the end of 2019.

View interactive | Accessible version | CSV | Data Dictionary | Chart Note (1)

Real estate ($32.0 trillion) and directly and indirectly held corporate equities ($39.8 trillion) were among the largest components of household net worth. Household debt (seasonally adjusted) was $16.6 trillion.

 

[F-22Raptor]

https://twitter.com/x/status/1370057102987780096

https://twitter.com/x/status/1370057308693233674

Household Net Worth
The net worth of households and nonprofit organizations increased by $6.9 trillion to $130.2 trillion in the fourth quarter. The value of directly and indirectly held corporate equities increased by $4.9 trillion largely because of further gains in corporate equity prices. The value of real estate held by households increased by $0.9 trillion. After three quarters of solid growth, household net worth is now about $12 trillion above its level at the end of 2019.

View interactive | Accessible version | CSV | Data Dictionary | Chart Note (1)

Real estate ($32.0 trillion) and directly and indirectly held corporate equities ($39.8 trillion) were among the largest components of household net worth. Household debt (seasonally adjusted) was $16.6 trillion.

WASHINGTON—The net worth of U.S. households finished 2020 at the highest level on record, as soaring prices for stocks, real estate and other assets erased losses inflicted by the coronavirus pandemic and related economic downturn.

Household net worth—the difference between assets and liabilities —--ended the fourth quarter at $130.2 trillion, the Federal Reserve said Thursday. That was up 5.6% from the third quarter and 10% from the end of 2019.

https://www.wsj.com/articles/u-s-ho...-6-in-4q-to-record-130-2-trillion-11615482059

 

[mqur1963]

WASHINGTON—The net worth of U.S. households finished 2020 at the highest level on record, as soaring prices for stocks, real estate and other assets erased losses inflicted by the coronavirus pandemic and related economic downturn.

Household net worth—the difference between assets and liabilities —--ended the fourth quarter at $130.2 trillion, the Federal Reserve said Thursday. That was up 5.6% from the third quarter and 10% from the end of 2019.

https://www.wsj.com/articles/u-s-ho...-6-in-4q-to-record-130-2-trillion-11615482059

keep printing

 

[vi-va]

Japan was higher in 90s, until it collapsed.

 

[That Guy]

Japan was higher in 90s, until it collapsed.

Source?

 

[vi-va]

Source?

Comparing the US and Japanese Housing Bubbles

I have been looking for a graphic that accurately compared the Japanese and US housing bubbles for some time. Usually when you see this sort of thing, it compares US housing prices to Japanese land prices - as shown below in a chart clipped from the Economist. Comparison of US housing and...

seattlebubble.com

This Is What A Bubble Looks Like: Japan 1989 Edition | Investing.com

Market Overview Analysis by Urban Carmel covering: S&P 500, Nikkei 225, Intel Corporation, Microsoft Corporation. Read Urban Carmel's latest article on Investing.com

www.investing.com

 

[tower9]

Comparing the US and Japanese Housing Bubbles

I have been looking for a graphic that accurately compared the Japanese and US housing bubbles for some time. Usually when you see this sort of thing, it compares US housing prices to Japanese land prices - as shown below in a chart clipped from the Economist. Comparison of US housing and...

seattlebubble.com

This Is What A Bubble Looks Like: Japan 1989 Edition | Investing.com

Market Overview Analysis by Urban Carmel covering: S&P 500, Nikkei 225, Intel Corporation, Microsoft Corporation. Read Urban Carmel's latest article on Investing.com

www.investing.com

I’d be wary about this comparison because the demographics are totally different

 

[TheTruth]

money printer goes BRRRRRRRRRRRRRR

 

[KaiserX]

Just imagine that 50% of all the dollars that have been printed in history were printed in the last 12 months. US is on the path to hyperinflation.

 

[That Guy]

money printer goes BRRRRRRRRRRRRRR

Net worth is not the same as cash, in most cases its physical and financial assets such as cars, houses, land, business assets, stocks, bonds...etc. Jeff Bezos is worth around 200 billion dollars, that doesn't mean he has 200 billion dollars on hand.

Comparing the US and Japanese Housing Bubbles

I have been looking for a graphic that accurately compared the Japanese and US housing bubbles for some time. Usually when you see this sort of thing, it compares US housing prices to Japanese land prices - as shown below in a chart clipped from the Economist. Comparison of US housing and...

seattlebubble.com

This Is What A Bubble Looks Like: Japan 1989 Edition | Investing.com

Market Overview Analysis by Urban Carmel covering: S&P 500, Nikkei 225, Intel Corporation, Microsoft Corporation. Read Urban Carmel's latest article on Investing.com

www.investing.com

I'll check the sources properly later, but skimming through the second source I don't really see anything proves you right. The first source i can't even open.

I'll try again later, when I have time