Here's something that'll flip your assumptions: people over 70 now control a bigger slice of total household wealth than ever before. Torsten Slok's data drops this bombshell, and honestly? It's wild.



You'd think the last decade's tech boom would've shifted wealth younger, right? All those startup exits, crypto gains, IPO windfalls. But the numbers tell a different story entirely. The wealth concentration keeps aging up, not down.

Makes you wonder what this means for market dynamics going forward. Asset allocation strategies might need a serious rethink when the bulk of capital sits with the 70+ crowd.
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quietly_stakingvip
· 16h ago
Yo, this data is insane... I originally thought that the past decade's waves of crypto and startups would throw wealth into the hands of young people, but it turns out we were taught a lesson instead. The 70+ crowd is actually holding on even tighter? What does this mean... Market liquidity might really be about to change. Can those people’s asset allocation strategies keep up with the pace of the new era? I have my doubts.
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ConfusedWhalevip
· 16h ago
ngl these numbers are a bit wild... I thought those young people in crypto had already made it, but it turns out they're still being outperformed by grandpas and grandmas?
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MindsetExpandervip
· 16h ago
ngl this data is kinda wild... I thought those crypto folks had already made a comeback, but in the end, it's still the old money winning big?
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