Household net worth dropped in Q1 due to tariff-related fears, expected to bounce back

From Yahoo Finance: 2025-06-20 14:47:00

Household net worth dropped in Q1 of 2025 due to tariff-related stock market fears. Recovery expected as extreme tariffs are lifted. Higher-income households with stocks likely to benefit more than lower- and middle-income families. Net worth decreased by $1.6 trillion, first drop since Q2 of 2023, but expected to bounce back.

Read more: Household Wealth Fell for The First Time In 2 Years. Here’s Why It Will Bounce Back