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Tag: BofA Global Research
    US Household Equity Wealth Set to Plunge $3 Trillion in Q1 2025

    US Household Equity Wealth Set to Plunge $3 Trillion in Q1 2025

    2025-03-24  Ravi Mehta
    This article analyzes the significant decline in U.S. household equity wealth, projected to drop by $3 trillion in Q1 2025, marking the largest loss since the 2022 bear market. It discusses how nearly one-third of 2024’s stock market gains have been erased, highlighting the impact on consumer spending, especially among the wealthiest 10% of Americans