AMERICA’s WEALTHIEST HOUSEHOLDS ARE STASHING CASH AT RECORD LEVELS

Households across the U.S. are holding onto more cash, but it’s the super wealthy who are really stashing it away. The top 1% have three times more in readily available cash than the bottom 50%, with holdings jumping from less than $15 billion shortly before the last recession to a record $303.9 billion at the end of 2018. The bottom half’s holdings have also been rising, but much at a slower pace



Bigwig Fx
Author: Bigwig Fx
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