PARTNERSHIPS | COMMUNITY | PODCAST | FRIENDS
Americans’ net worth soars despite economic uncertainty
America’s rich, but you might not be // Illustration by Kate Walker
The total wealth of US households has spiked recently due to the knockout performance of illiquid investments.
The Bag: Despite economic uncertainty, inflation, and a weak labor market, the US stock and housing markets have added nearly $50 trillion to the net worth of US households since the pandemic. That’s great news for Americans in the short term, but it could also forecast a serious economic bubble.
Between The Lines: The net worth of US households has spiked to $176.3 trillion in Q2 of 2025, per Bloomberg.
- Mutual funds and corporate equities saw a major chunk of these gains, adding $5.5 trillion in Q2. 
- The real estate sector added $1.2 trillion this quarter, with total assets ballooning from $29.8 trillion to $48.1 trillion since 2020. 
- Simultaneously, debt is increasing across the board, with both the federal government and households borrowing more. 
Conclusion: Though impressive, these gains are not the kind that most Americans will be able to access. They’re either illiquid — tied up in property or mutual funds — or concentrated in massive corporate entities like banks, hedge funds, and large landowners. If anyone sees short-term profits from this, it’s likely to be asset managers.
Prediction: This stellar performance may not last. While by no means certain, there are good reasons to believe that AI hype and relentless optimism may be taking the US economy to the verge of a bubble.
Don’t expect the line to go up forever.
Together with Players TV
From Fan To Owner: Invest In The Future Of Sports Media

Introducing PlayersTV — the first media network built by athletes, with fans invited to own it too.
For decades, big media companies have controlled the sports conversation. PlayersTV flips the playbook, giving athletes and their fans direct ownership in the future of sports entertainment.
This is your chance to go beyond just watching. By investing, you can become a shareholder in a fast-growing network already streaming on Amazon, YouTube TV, and DIRECTV — reaching households nationwide with the potential to scale to 300+ million homes.
Momentum is building: over 2,200 fans have already invested, and major press outlets are calling PlayersTV the future of athlete-driven media.
Act now to claim the early-bird bonus — invest before 9/16 and receive 15% extra shares.
Don’t sit on the sidelines. Own your stake in the game-changing sports media company of tomorrow.
This is a paid advertisement for PlayersTV Regulation CF offering. Please read the offering circular at https://invest.playerstv.com/
PARTNERSHIPS | COMMUNITY | PODCAST | FRIENDS
Today’s email was written by Luke Perrotta.
Edited by Nick Comney. Polled and Copy-edited by Kait Cunniff.
Published by Darline Salazar.

