US net worth approaching $200T, with disposable incomes at a record high

[F-22Raptor]

Household net worth​

The net worth of households and nonprofit organizations – the difference between the value of total assets and liabilities (figure 1) – increased by $12.8 trillion to $195.9 trillion in the second quarter.1The ratio of net worth to disposable personal income (DPI), a measure of households’ potential to finance consumption out of their wealth, reached a record high of 8.28 in the second quarter (figure 2), surpassing the previous peak recorded in 2022:Q1.

Figure 1: Household balance sheet​

Note: Liabilities are shown as negative values. Corporate equities and debt securities include both directly held securities and securities held indirectly in mutual funds, defined contribution pension plans, and variable life insurance and annuity products. Deposits include money market fund shares. Real estate is the value of owner-occupied real estate. Other assets include consumer durable goods, fixed assets of nonprofit organizations, equity in noncorporate business, hedge fund shares, and all other assets apart from those shown.
Source: Financial Accounts of the United States, September 11, 2026.

Accessible version | CSV | Data Dictionary

Figure 2: Ratio of household net worth to DPI​

Source: Financial Accounts of the United States, September 11, 2026.

 

[Mighty_Dragon_Strike]

makes no sense, without giving figures on 1. trade imbalance 2. national debt 3. Yoy inflation etc etc...

just for reference, OTC trading before the greatest financial crash was 35 times the size of US banks!

in other words, there were other 35 sub economic inside the USA which were off the books!

but that did not end well!

so this analysis is incomplete!

 

[F-22Raptor]

makes no sense, without giving figures on 1. trade imbalance 2. national debt 3. Yoy inflation etc etc...

just for reference, OTC trading before the greatest financial crash was 35 times the size of US banks!

in other words, there were other 35 sub economic inside the USA which were off the books!

but that did not end well!

so this analysis is incomplete!

This is a measure of US household and nonprofit organizations net worth and government debt doesn’t factor in here.

Americans are absurdly wealthy and our disposable incomes allow us to drive high economic output.

 

[Mighty_Dragon_Strike]

wealthy, of course!

not without debt (or high inflation!), that is questionable!

 

[AZ_HighCountry]

wealthy, of course!

not without debt (or high inflation!), that is questionable!

Read the whole article if you want to see the whole picture.

 

[Shags202]

Read the whole article if you want to see the whole picture.

is it me or does article go something like the rich get richer and no mention of the poor or middle class they just lump everyone together and say look more money

 

[FIsa]

Those stats are correct on household wealth and debt. And no doubt the total financial GDP power of US is immense. But why is it a problem for the bond markets and why do so many Americans feel the pain. Step 1, divide the net wealth over the population.
US falls to spot #4 ..

Step 2, the debt on the US govt is immense and ultimately owed by the households. Adjusting the debt and govt sovereign wealth , US nationals are insolvent. In good times this broader measure doesnt matter as people believe that US govt will pay its debt back because it can tax her nationals. However, when the bond markets start questioning the credibility that trust flips to a concern in a dramatic and violent manner. US had a default in 1971 (see below) , the financial implications were the difficult 1970s of stagflation.

Fortunately for the US, subsequent Presidents including Reagan and Volker as the Fed Chair stabilised the problems. American people were brilliant and bounced back hard and entered great 1980s , 90s ... 2000s brought the Iraq and Afghan wars + GFC that made US take the first hit followed on by Trump's nail in the coffin.

Good news is that American people are hard working and smart and can turn this around but will be painful and will need some good leaders to undo the damage.

 

[Mighty_Dragon_Strike]

Read the whole article if you want to see the whole picture

uhmm, read the whole article?!!
where in the article inflation is mentioned? I did ctrl+F to look it up, but it did not show up! (https://www.federalreserve.gov/releases/z1/current/recent_developments.htm)

as I understand, these figures are showing break-up of money supply in different sectors, valuations can change daily as losses/gains are booked (apart from house equity, if they are not SPV or CDOs!)

there is one recent particular case of Silicon Valley bank, which comes to mind!

which happened at the start of Russo Ukraine war, were depositors rushed in to cash deposits and that broke the bank!

this was published across the world and even appeared in my FRM exams.


if there is so much wealth, why did a bank in one of the richest areas of the world fail?


in California, there are more bank robberies than say in Karachi, Pakistan or Delhi, India!

Hollywood has made movies on day light bank robberies.
(for instance, Charlestown ( a small town near Boston) shown in Ben Affleck movie, I cant recall name)

Den of Thieves (Gerard Butler movie) is another movie, If i re-call, in the opening scene, viewers are told, there are many at least 2 robberies in a day or something like that! (i cant recall correctly, but this number so pompous, it shook me up!)
if there is so much wealth, why there are so many robberies!


images from den of thieves stats!

 

[Mighty_Dragon_Strike]

Those stats are correct on household wealth and debt. And no doubt the total financial GDP power of US is immense. But why is it a problem for the bond markets and why do so many Americans feel the pain. Step 1, divide the net wealth over the population.
US falls to spot #4 ..

Step 2, the debt on the US govt is immense and ultimately owed by the households. Adjusting the debt and govt sovereign wealth , US nationals are insolvent. In good times this broader measure doesnt matter as people believe that US govt will pay its debt back because it can tax her nationals. However, when the bond markets start questioning the credibility that trust flips to a concern in a dramatic and violent manner. US had a default in 1971 (see below) , the financial implications were the difficult 1970s of stagflation.

Fortunately for the US, subsequent Presidents including Reagan and Volker as the Fed Chair stabilised the problems. American people were brilliant and bounced back hard and entered great 1980s , 90s ... 2000s brought the Iraq and Afghan wars + GFC that made US take the first hit followed on by Trump's nail in the coffin.

Good news is that American people are hard working and smart and can turn this around but will be painful and will need some good leaders to undo the damage.



View attachment 215151

View attachment 215152

USA is a wealthy country, bec, it has natural reserves of oil and minerals.

but, that is also true, it hold leverage over other countries to use their wealth also!


so, wealth of USA does not come from within its borders, rather, it comes from forcing the whole world to use dollar as a trading currency!

further, USA also the power to change a region from 'safe heaven' for investment into a war zone (Dubai). This causes capital flight towards USA!

all of this, means, numbers of inflation and debt, hide the actual growth figures, as more and more investment is poured in the US economy from all over the world!

 

[Hamartia Antidote]

there is one recent particular case of Silicon Valley bank, which comes to mind!

which happened at the start of Russo Ukraine war, were depositors rushed in to cash deposits and that broke the bank!

okay already your credibility in this thread just went to ZERO with that statement and shows you are just trying to figure out a way to troll this thread with disjointed facts

The war started in February 2022

Russian forces launch full-scale invasion of Ukraine

Putin approves 'special military operation' as Russia launches invasion of Ukraine by land, air and sea.

www.aljazeera.com

Silicon Valley Bank didn't have a run until a year later in March 2023

Silicon Valley Bank’s (SVB) Collapse: What Does it Mean for the Banking Industry?

Learn about the recent Silicon Valley Bank collapse that sent shockwaves through the tech and banking communities and what it means for the banking industry.

alliant.com

On March 8, 2023, SVB announced its effort to raise $2.25 billion in capital, but the next day, a massive run on the bank occurred when depositors attempted to withdraw around $42 billion in funds, eventually leading to its collapse.

 

[Mighty_Dragon_Strike]

okay already your credibility in this thread just went to ZERO with that statement and shows you are just trying to figure out a way to troll this thread with disjointed facts

The war started in February 2022

Russian forces launch full-scale invasion of Ukraine

Putin approves 'special military operation' as Russia launches invasion of Ukraine by land, air and sea.

www.aljazeera.com

Silicon Valley Bank didn't have a run until a year later in March 2023

Silicon Valley Bank’s (SVB) Collapse: What Does it Mean for the Banking Industry?

Learn about the recent Silicon Valley Bank collapse that sent shockwaves through the tech and banking communities and what it means for the banking industry.

alliant.com

right, my credibility is zero bec, I made a small mistake with the, timing of the default!

of course, Silicon Valley bank did not go bankrupt!

(to be clear, you are so stupid, you are not arguing the default of the bank, you are arguing, the actual date! LOL!)

do you know, Silicon Valley had deposits of Venture Capitalists (VCs), who chose to take the money out, solidifying J-curve in the VC sector!


do you even know what J-curve is in private equity?!!!

so, who has lost the credibility, it is pretty clear!


credibility, my a&&

 

[Hamartia Antidote]

right, my credibility is zero bec, I made a small mistake with the, timing of the default!

What do you mean a small mistake? The bank run didn't happen until a year later.
I'm not talking about the bankruptcy.

There is no evidence there was any bank run at all at Silicon Valley Bank when Russia invaded Ukraine. You made up the whole thing just to push some narrative.

Again why do you keep dancing?

 

[Mighty_Dragon_Strike]

What do you mean a small mistake? The bank run didn't happen until a year later.
I'm not talking about the bankruptcy.

There is no evidence there was any bank run at all at Silicon Valley Bank when Russia invaded Ukraine.

Again why do you keep dancing?

bank run, happened or not!

I have admitted, I was wrong with the date, happens, im not infallible!

now, whats not clear, is your argument!

whats your position, bank run did not happen, bank did not go out of business?

Bank did not go out of business bec, of Russo Ukraine war?

I'd advise you to choose your words very carefully, this is my area of understanding, you will end up mentally damaging yourself!

I have spoken on the timing on the bank run (which happened after the out break of the war!)... you are arguing, this is disputed bec 1. bank run happened after a year of the start of the war 2. that makes some how the war irrelevant to the bank run!


bank run happened, with or without the war (happy now!), question is why!

no please buzz off!


what is your argument?!!


your argument is I have lost credibility bec, I was wrong about the dates!

please be clear

 

[Pakistani Dragon]

is it me or does article go something like the rich get richer and no mention of the poor or middle class they just lump everyone together and say look more money

The rich always get richer. That's the nature of things.

I remember reading that, despite all the talk about inequality, the American economy has also seen considerable movement up the income ladder over the past several decades. The middle class itself has actually become smaller as a proportion of the population, but the share of Americans in the upper-income group has increased. In other words, some people have moved upwards rather than everyone simply becoming poorer.

So, in simple terms:

• Super-rich — growth and expansion.
• Rich — growth, expansion and some movement upwards.

Middle class — some move upwards, while others move downwards.

This upward mobility is something that is often overlooked when discussing wealth and inequality.

Golden Rule.
Nobody wants to migrate to a poorer country for economic reasons.