This reference data is based on the asset only situation of the top 10%, top 5%, and top 1% in the United States, regardless of age group. It can be divided into two scenarios: considering a house and not considering a house.
These data may be from individuals or families, just like tax reporting can be done alone or together as a couple.
The top 1% of the wealthiest people who do not include houses are in the age group of 55-59, with only $16.32 million in assets. In the age group of 5 years yo...

We have the U.S. labor market shows resilience on eve of June's employment report (happening on 07 July 23).
Here is a summary of what have been released on 06 July 23.
Weekly jobless claims increase 12,000 to 248,000.
Continuing claims drop 13,000 to 1.720 million.
Private payrolls jump 497,000 in June.
Job openings decline 496,000 to 9.824 million in May.
The U.S. Unemployment Rate (June) and U.S. Nonfarm Payrolls (June) data will ...

A bull market is a term used to describe a period of sustained upward movement in the prices of financial assets, such as stocks, bonds, or commodities. It is characterized by investor optimism, increasing demand, and a general belief that the upward trend will continue. While the future of financial markets is always uncertain, there are several factors that suggest the possibility of a future bull market and shed light on its ultimate aim.
Economic Gr...

The number of Americans filing new claims for unemployment benefits surged last week, suggesting that the labor market was slowing amid mounting risks of a recession.
Initial claims for state unemployment benefits jumped 28,000 to a seasonally adjusted 261,000 for the week ended June 3, the Labor Department said on Thursday. Economists polled by Reuters had forecast 235,000 claims for the latest week.
Despite the surge in applications, claims...