US Private Financial Assets Hit Record 6.7x GDP as Wealth Gap Widens

The total value of US private-sector financial assets has reached 6.7 times the US gross domestic product, marking a new record. The ratio, which compares the combined value of stocks, bonds, deposits, and other financial instruments held outside the government to annual GDP, surpasses the previous peak of 6.3 times set in 2021. The Gap The post US Private Financial Assets Hit Record 6.7x GDP as Wealth Gap Widens appeared first on BeInCrypto.