Locator: 43800B.
What was the area under the curve? Glad you asked.
The above is the "personal saving rate," somewhat related to "household wealth" which increased by $13.5 trillion for Americans during the pandemic.
The "rich get richer."
In fact, "investors get richer."
So, what's the denominator? What is total American household wealth?
Also, from FRED:
Recent stock market losses and losses in the housing market have tempered these gains. I don't have a dog in the housing market fight, but I'm buying a lot of shares on the equity market at significantly depressed prices.
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