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The David Lin Report · Tuesday, July 28, 2026

Grandich: Consumers Face Tough Business Environment, Wealth Gap Widens

Peter Grandich observes that business owners and professionals find it increasingly challenging to conduct business, particularly in states with high energy costs. He highlights that the top 1% of wealthy Americans now own more assets than the entire middle class, exacerbating the wealth gap.

The tape

3 quotes
And almost to a core, they all basically say never has it been more challenging to conduct their business or be a professional.
Peter Grandich
The top 1% wealthiest Americans now own more assets than the entire middle class.
Peter Grandich
And therefore, a very small but elite group at the very top of the pyramid have benefited greatly these last few years while much of America is going sideways to down.
Peter Grandich
Heard on The David Lin Report — “Peter Grandich Sold All His Stocks, Here’s What He’s Buying Instead, published Tuesday, July 28, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.05
Grandich: Consumers Face Tough Business Environment, Wealth Gap Widens — Heardvine