Although children of the top 1% of American income earners have significant financial advantages over their peers, a full 40% of them fall out of the top fifth of income earners as adults. 1
U.S. data center construction spending reached a record $75.2 billion in July 2026, up 665% from just $9.5 billion in March 2020. Over the same period, office construction spending fell from its $72.2 billion peak to $44.8 billion. 1
Spending on basic necessities has steadily declined as a share of disposable personal income, falling from 53% in the late 1940s to 32% in 2024. Households are spending about 21 percentage points less of their income on the basics than they did after WWII. 1
$1 million in 1993 had the purchasing power of only about $475,000 by the end of 2024. At 3% inflation, purchasing power is cut in half roughly every 23 years, while at 4% it takes only about 17 years. 2
MFS - “Beyond the News”
A Wealth of Common Sense - “Millionaires Everywhere”
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Client Focused Trading® for large institutions, pensions, hedge funds, wealthy families, and private equity for over 30 years.
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