‘Something weird’s going on’ in the economy as 6 new economic classes take shape, says New York Times bestselling author
Real Estate
Fortune

‘Something weird’s going on’ in the economy as 6 new economic classes take shape, says New York Times bestselling author

Why This Matters

In the new American economy, the poor own cars, the middle class own homes and the rich own businesses. Nick Maggiulli, author of "The Wealth Ladder," explains.

August 9, 2025
12:00 PM
7 min read
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FinancialBooklet Analysis

AI-powered insights based on this specific article

Key Insights

  • Inflation data often serves as a leading indicator for consumer spending and corporate pricing power
  • Financial sector news can impact lending conditions and capital availability for businesses

Questions to Consider

  • What does this inflation data suggest about consumer purchasing power and corporate margins?
  • Could this financial sector news affect lending conditions and capital availability?

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