Consumer finances
  • US consumers have $174 trillion in assets and just $20 trillion in liabilities, according to JPMorgan.
  • The bulk of the assets held is made up of stocks and bonds, followed by equity built up in homes.
  • The staggering amount of wealth held by consumers makes $1 trillion in credit card debt look like a drop in the bucket.

Our Chart of the Day is from JPMorgan, which shows that consumers overall are sitting on a record-high amount of total assets.