ASatoshiApprentice
Here's something that'll flip your assumptions: people over 70 now control a bigger slice of total household wealth than ever before. Torsten Slok's data drops this bombshell, and honestly? It's wild.
You'd think the last decade's tech boom would've shifted wealth younger, right? All those startup exits, crypto gains, IPO windfalls. But the numbers tell a different story entirely. The wealth concentration keeps aging up, not down.
Makes you wonder what this means for market dynamics going forward. Asset allocation strategies might need a serious rethink when the bulk of capital sits with the 7
You'd think the last decade's tech boom would've shifted wealth younger, right? All those startup exits, crypto gains, IPO windfalls. But the numbers tell a different story entirely. The wealth concentration keeps aging up, not down.
Makes you wonder what this means for market dynamics going forward. Asset allocation strategies might need a serious rethink when the bulk of capital sits with the 7
