Wealth of Top 1% Soars to $44.6 Trillion, Middle Class Celebrates with $44 Bottle of Wine

Money Talks Wealth Whispers

As someone who appreciates the thrill of a good shoe sale I can't help but marvel at the fact that the wealth of the top 1% has hit a jaw dropping $44.6 trillion. Makes my shoe budget seem like chump change in comparison.

Stocks and the City

The stock market rally has been working its magic lifting the portfolios of the elite and leaving the rest of us dreaming of fancy cocktails we can't afford. Who needs a bull market when you can have a well stocked bar?

Confidence is Key

Apparently surging stock prices create a 'wealth effect' that boosts consumer confidence and spending. Does buying another pair of shoes count as boosting consumer confidence? Asking for a friend.

Wealthy Woes

The top 1% own half of all individually held stocks while the rest of us are left wondering if avocado toast counts as a diversified investment. Living that champagne lifestyle on a beer budget as they say.

Money Well Spent?

It seems that even with a stock market surge consumer confidence among the wealthy has been on the decline. Perhaps they spent all their money on those expensive shoes leaving little for consumer spending. Who knew money could be so complicated?

Unequal Beginnings

While the wealthy enjoy their stock market gains the rest of us are left admiring those gains from afar. It's like being invited to the party but only getting the crumbs from the hors d'oeuvres. Tragic really.