Wealthion · Friday, August 28, 2026
Despite prevailing negative narratives, the US consumer remains strong due to sustained full employment over the past couple of years. Additionally, a significant increase in consumer net worth, driven by stock market performance, 401k plans, and housing values, continues to support spending.
“Number one, we're operating at full employment, and we have been for the last couple of years.”
“Number two, you've got a massive move higher in consumer net worth, right? So stock market, 401k plans, housing values, you know, our our big tailwinds.”