Latest survey of consumer finances dropped. The top 10% continued shooting upward while the rest stagnated. The top 10% is the inflation of inflation targeting & the bottom 90% is the deflation of inflation targeting. The demographic under 35, gen Z & all the influencers bragging about getting rich actually lost a lot of ground. 35-44 or millennials gained some ground because they're famously rich & invested. 45-54 or generation X lost some ground because they're famously poor & made hail mary house purchases like mad in 2022. Baby boomers are still living the dream. 35-44/millennials definitely lived up to their reputation as large living rich yuppies between the 2 forsaken ones. They replaced all the 70's ranch houses with frank lloyd wright airbnb's. They repainted the world grey. They started investing at the bottom in 2009 & rode the mountain of printed money up. They became the...