Area Under The Curve -- December 11, 2022

Locator: 43800B.

The area under the curve: 

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.

Link here.

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.