15 lines
832 B
JSON
15 lines
832 B
JSON
{
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"HubID": "4682",
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"Date": "9/2/2024",
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"HubTags": [
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"External Platform Posts",
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"Future Map Forward Guidance",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "4682__Image_URL.jpg",
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"Summary": "<p>This is amazing. Households own $4.5 trillion in Checkable Deposits & Currency which is a cash reserve that more than quadrupled relative to the pre-pandemic levels: $1 trillion in 2019 to $4.5 trillion now. This amount equates to about $17k per each US citizen for more than 4x available cash today than the pre-pandemic. But this load is concentrated in upper income and wealthy, not low income. This is after the pandemic, inflation, and the market slowdown we've experienced since rates started rising up. Among upper income, there is a lot of cushion. </p>",
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"Notes": ""
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} |