Equity – U.S. Households Aggregate Financial Asset Allocation U.S. households currently allocate 43% of their total financial assets to equities, which is elevated. Image: Goldman Sachs Global Investment Research
Personal Saving Rate and U.S. Household The U.S. personal saving rate remains well below its long-term average. Image: BofA Research Investment Committee
Inequality – Inflation Adjusted U.S. Household Net Worth by Brackets Wealth inequality has reached unprecedented levels in recent times. The wealth gap between the top 10% and the bottom 90% has exploded. Image: Real Investment Advice
U.S. Household Net Equity Demand by Year U.S. households’ demand for equities could be a headwind for stocks. Image: Goldman Sachs Global Investment Research
Household Debt-to-Income Ratios U.S. households have improved their balance sheets in the past decade. Image: Deutsche Bank
U.S. Household Equity Flows vs. S&P 500 Returns Historically, the S&P 500 tends to bottom only after large outflows from U.S. households. Image: BofA Research Investment Committee
U.S. Household Equity Allocation Despite the recent sell-off, U.S. household equity allocations remain at a high level. Image: Deutsche Bank Asset Allocation
Equity Share of U.S. Household Financial Assets U.S. household ownership of equities is increasing dramatically. Image: Goldman Sachs Global Investment Research
Cash to Liabilities Ratio – Households, Corporations and Banks in the U.S. How much cash is still waiting to come back to the U.S. stock market? Image: Gavekal, Macrobond
U.S. Household Debt Outstanding as a Percentage of Annual Nominal GDP U.S. household debt as a percentage of nominal GDP remains stable. Image: Goldman Sachs Global Investment Research