Jensen: Household wealth relative to income has reached record levels
Greg Jensen · Greg Jensen – Bridgewater Associates (Manager Meetings, EP.06) · Aug 12, 2021 · at 33:39
Bridgewater Co-CIO Greg Jensen discusses the macro imbalance between paper wealth and the underlying cash flows and incomes supporting it.
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“Wealth for households, as an example, are six times income, way beyond anything it's ever been, and wealth across the world relative to incomes are at record levels.”
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