A post by @FirstSquawk on X.
Wealth Gap Widens Between Generations as Americans Under 35 See Household Wealth Fall 23%
@FirstSquawk on X
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Household wealth for Americans under 35 fell 23%, widening the wealth gap between generations, according to a First Squawk post. The decline contrasts with gains among older cohorts, underscoring how younger households are falling further behind in asset accumulation. The figure highlights growing intergenerational inequality as a pressure point for consumer spending and housing demand. Watch for further breakdowns of the data by asset type and whether the trend persists in coming quarters.
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Americans Under 35