This is historic:
Newly released data shows that US household net worth jumped by +$7.1 TRILLION in Q2 2025 alone.
In other words, for 3-straight months, US households added an average of +$79 BILLION in net worth PER DAY.
What just happened? Let me explain 
The Fed just released their latest Z.1 report, as shown below.
Total US household net worth hit a record $176.3 trillion in Q2 2025.
The +$7.1 trillion QoQ increase marks the largest dollar increase since Q4, during the pandemic recovery.
Such a large jump is extremely rare.
In fact, US household net worth is historically high relative to GDP.
Household net worth now equals 581% of US GDP, the highest since Q1 2022.
The wealth gap between asset owners and everyone else is widening quickly.
The stock market was largely behind this gain.
Furthermore, the S&P 500 just completed one of its best 5-month rallies in history.
The S&P 500 rallied over +30% in 5 months since April 2025.
Since 1975, there have only been five previous times in history with a 30%+ rally in 5 months.
2020 and 2009 were the most recent.
As a result, the rich are getting much richer.
Currently, the bottom 50% of US households now hold just 2.5% of total US wealth.
In fact, the top 1% now holds $40 TRILLION more wealth than the bottom 50% combined.
We expect this gap to continue to widen as rate cuts begin.
The reality is that rate cuts are coming into a weak labor market with 3%+ inflation.
A record 70% of consumers believe their income will fail to keep up with inflation.
As inflation rebounds, asset prices will follow and asset owners (the top 10%) will reap the rewards.
And, history says the stock market rally is young.
In the 5 previous times the S&P 500 rallied 30%+ in 5 months, the next 12 months were ALWAYS green.
Since 1975, the average 12-month return after such an occurrence is +18.1%, per Carson.
Not to mention, rate cuts are here.
Rate cuts are coming with the S&P 500 at a record.
In the last 20 times this has happened, the S&P 500 rose an average of +13.9% over the next 12 months, per Carson.
With stocks up +30% in 5 months, there has never been negative returns in the following 6-months since 1975.
We believe all of the data suggests that asset owners will continue to reap the rewards.
This week, for the first time in 30+ years, the Fed will cut rates with PCE inflation above 2.9%.
The Fed will be cutting rates into hot inflation and "blame" a weak labor market.
And, this also means that we expect US household net worth to hit more record highs.
We believe US household net worth will exceed $200 trillion by 2027.
The Fed is adding rocket fuel to an already hot equity market.
Those who do not own assets will be left behind.
Changing monetary policy is coming into an evolving economy.
The market is shifting and its implications on stocks, commodities, bonds, and crypto are investable.
#FedRateCutExpectations #AltcoinSeasonComing? #BNBBreaksATH #ETHReclaims4700 #MarketRebound