The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says

The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to Federal Reserve data.
Forbes

The Income Trap: When High Income Leads To Lower Wealth

Alex Shahidi, JD, CFA®, CFP®, ChFC®, CIMA®, is a Managing Partner and Co-CIO at Evoke Advisors, and Host of The Insightful Investor Podcast. Many investors design their portfolios to generate a steady ...