ACTV - Big Picture: Private Sector Financial Health Excellent

2024-03-08 00:40:00 ET

Summary

• The Fed published its estimates of the private sector's balance sheet and net worth, and it's nice to see that the numbers reflect very healthy conditions.
• As of year-end 2023, the net worth (total assets minus total liabilities) of the US private sector was $156 trillion.
• Since the Great Recession, the private sector has reduced significantly its financial leverage.

Today the Fed published its estimates of the private sector's balance sheet and net worth, and it's nice to see that the numbers reflect very healthy conditions....

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