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America’s wealth gap is getting ridiculous.
From Q4 2024 to Q2 2026, the wealthiest 0.1% gained an average $29.76 MILLION per household, AFTER inflation.
The bottom 50% gained just $1,960 per household over those same 18 months.
That’s roughly 15,183 TIMES as much wealth added per household, using the Fed’s data and adjusting for inflation.
This is why I keep turning income into ownership of businesses that can compound for decades.
America’s car affordability crisis is getting worse.
The average price paid for a 3-year-old vehicle in the US surged to a record $32,461 in Q2 2026.
This officially surpasses the previous record of $31,628 set in 2022.
Since 2020, the average price of a 3-year-old vehicle has soared +$9,701, or +43%.
The squeeze is becoming even more visible at the lower end of the market, where a $10,000 to $15,000 budget now buys a vehicle averaging nearly 9 years old with ~98,000 miles.
In 2019, the same budget bought a vehicle less than 5 years old with ~58,000 miles.
Even used car ownership is becoming a luxury.
American tourists have long overlooked the smallest country in Africa, with no direct flights from the U.S. As travelers chase farther-flung getaways, the Seychelles has recently drawn an influx of luxury retreats.