☀️Heaven is under our feet as well as over our heads
☀️~Conquering the wilderness on horseback and exploring the unknown around the world~
🕊 RTs ≠ Advice
It’s so obvious that $SPCX will go down tomorrow that it makes it so obvious not to short it because everyone thinks it is obvious which makes it actually very not obvious, obviously because you don’t ever short something so obviously one sided.
Right?
BREAKING: The wealthiest 1% of US earners now own 50.1% of US equity and mutual fund holdings.
To put this into perspective, their ownership stood at 40.1% in 1990 and 39.6% in 2001.
At the same time, the next 9% wealthiest households own 37.3%, and the middle 40% own just 11.7%.
By comparison, the bottom 50.0% of earners hold just 1.1%.
As a result, the top 10% of earners now own ~87.4% of all equity and mutual fund assets.
Asset owners are the only winners in this economy.
Shocking stat of the day:
Foreign purchases of US equities are up to a record ~$850 billion over the last 12 months.
This figure has more than QUADRUPLED since the start of 2025.
This is also ~450% above the average recorded during since 2000.
As a % of total equity market cap, foreign purchases are up to ~1.3%, the highest level since the post-Financial Crisis recovery in 2010.
By comparison, the 2021 meme stock frenzy peak was ~1.1%.
Foreign demand for US equities has never been stronger.