Broker Check

Market Review: March 2023

April 20, 2023

RICHEST 1% OWN SIGNIFICANT ASSET STOCK IN THE US


According to data compiled by Federal Reserve, total assets held by the top 0.1% soaring as part of a long-term trend as the wealth of America’s wealthiest people continues to rise. As of Q4 2022, assets held by the top 0.1% amounted to circa $17.4 Trillion noting these assets have peaked at $18.5 Trillion. As the graph below highlights, since advent of the covid-19 pandemic in 2020, this richest investor segment has compiled over $5 Trillion in asset value.

Read More