Option Millionaires

[uranium-pinto-beans]

U.S. Household net worth fell at a -1.1% rate in Q3, after contraction rates of -15.7% (was -15.3%) in Q2 and -0.4% in Q1 from the all-time high of $150.1 (was $150.0) tln in Q4 of 2021, according to the Fed's Z.1 report. Total asset values fell at a -0.2% rate in Q3, after a -13.3% (was -12.9%) Q2 decline. Financial asset values fell at a -3.8% rate in Q3 after a -23.6% (was -23.0%) Q2 drop. Real estate values rose at a 7.4% rate in Q3 after a 14.2% (was 13.5%) Q2 rise. Household liabilities rose at a 6.9% rate in Q3 after an 8.0% (was 8.1%) Q2 rise, with a 7.0% Q3 home mortgage growth pace after a 9.0% (was 9.1%) Q2 rise. Analysts assume a 17% Q4 net worth bounce thanks to the stock market rebound, though the home price uptrend has stalled. Analysts assume a -1% 2022 household net worth drop that will mark the first decline since 2008, after stimulus-fueled outsized gains of 14.5% (was 14.4%) in 2021 after a 12.3% in 2020.