The top 10% of wage-earners in the US now spend about the same as the bottom 90%. In Q2, the top 10% of wage-earners accounted for a record-high 49.2% of total consumer spending, up from 43.2% at the end of 2019 just before COVID and 37.3% in 1995 (30 years ago). – Bloomberg, September 16, 2025
A recent homeowner survey found that 61% of Baby Boomers plan to never sell their homes (up from 54% in 2024), and just 10% plan to sell within the next five years. More than 40% of boomers surveyed consider not owning a home a sign of failure, and 65% of boomers said younger generations could own a home if they were more responsible. –HousingWire, September 16, 2025
Investors are still sitting on a mountain of cash, with money market fund assets hitting a record $7.3 trillion, including more than $2 trillion held by everyday investors. Much of it is sidelined money, waiting for a pullback, even as markets push to new highs. It’s a reminder that a lot of gun powder remains for a potential next leg higher if/when that cash comes back into play. – Business Insider, August 16, 2025
While it took 967 trading days (not calendar days), small-cap stocks finally made a new all-time high. This was the second-longest wait ever, with the longest being 4.7 years after the tech bubble burst… and yet another hint that this bull market could have legs to the upside. –Inc., September 22, 2025
Not including this past week’s apocalypse du jour, there have been 22 federal government shutdowns since 1976. –History, May 27, 2025
The Conference Board’s Leading Economic Index (LEI) no longer points toward recession, and in fact, recent improvements suggest momentum could be building for a recovery ahead. Just as it did back in early 2023 when many were calling for a downturn, the LEI is signaling resilience, reminding us that the economy often proves stronger than the financial media might let on. – The Conference Board, September 18, 2025
