⚠️The US economy has never been more dependent on the wealthiest Americans

The top 10% accounts now for roughly half of all consumer spending in America

The top 10% now account for roughly 50% of all consumer spending in the US, up from around 35% in 1995.

This means the top 10% drive about 35% of US GDP, since personal consumption makes up 70% of the economy.

In contrast, the bottom 60% account for just 19% of consumption, down from ~26% in 1995.

Meanwhile, the top 1% now own 51% of household equities — up 8 percentage points since 1989. The top 10% control 87%.

At the same time, the bottom 90% share is just 13%, down from 20% in the 1990s.

The poorest 50% own only 1% of stocks.

The wealth gap keeps widening, a built-in feature of the financial system that favors asset holders.

Financial distress is rising among US households

US consumer spending is near a tipping point

globalmarketsinvestor.beehiiv.com/p/financial-distress-is-rising-among-us-households

!?️What is happening with the global government bond market?

Bond investors are in control of the financial markets - this is key to watch

globalmarketsinvestor.beehiiv.com/p/what-is-happening-with-the-global-government-bond-market

How did the top 10 world economies perform in Q1 2025?

Time to revisit the economic growth in the top largest global economies, and what are their future perspectives

globalmarketsinvestor.beehiiv.com/p/how-did-the-top-10-world-economies-perform-in-q1-2025

⚠️The US labor market headline numbers are useless

The job market is in a way worse shape than the non-farm payrolls readings show

globalmarketsinvestor.beehiiv.com/p/the-us-labor-market-headline-numbers-are-useless

The Fed is still clueless about the future path of rates and economy

There is no consensus among the Fed members regarding the future rates path

globalmarketsinvestor.beehiiv.com/p/the-fed-is-still-clueless-about-the-future-path-of-rates-and-economy

🚨Is the United States going to default on its public debt?

What is a Mar-a-Lago Accord and how it could reshape the global financial system?

globalmarketsinvestor.beehiiv.com/p/is-the-united-states-going-to-default-on-its-public-debt

INVESTMENT PORTFOLIO UPDATE (April 29, 2025)

Please find out an update about my market positioning - only for Founding Members

globalmarketsinvestor.beehiiv.com/p/investment-portfolio-update-april-29-2025

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