Household net worth reached a record level in the second quarter driven by rising real estate values and a 24.5% increase in the stock market for the year ending in June. Net worth increased 7.5% over the past year and it has grown...
Insights and Ideas
Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.
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- Tag: pandemic
The pandemic produced a number of fascinating phenomena including the surge in demand for homes and housing related goods, an explosion in stock trading by individual investors, the rise of meme stocks, the “Great Resignation,” and shortages of many types of goods. Perhaps...
All of us are aware of the phenomenon known as The Great Resignation in which a record number of people are leaving their jobs, in many cases without having secured another position. As depicted in the following graph, the percentage of the workforce...
One of the lessons I have learned in a long investment career is not to overreact to headlines since ultimate outcomes frequently differ from initial indications. We may currently be experiencing a great example of this phenomenon with regard to income and wealth...
I wrote a white paper in May titled The Roaring Twenties that focused on speculation on the part of investors and hyperactive purchase of luxury goods, particularly by consumers in upper income brackets. On the consumer side, that paper cited the boom in...
The pandemic has provided us with a powerful reminder that unpredictable human behavior makes it very difficult to forecast the economy. You may recall that during the economic contraction associated with the lockdown, there were a variety of forecasts as to the trajectory...