I'm just an average working American citizen, and my net worth and wages are now at an all time high, with investments in US stock index funds, some real estate, and a little crypto ETFs. I work in tech. Of course, one could always attribute this to the power of the good ole American economy (America, HECK YEAH!!!) and say that Trump at least hasn't screwed it up.
The Top 10 Largest Economies in the World in 2025
17-Nov-25
1. United States
2025 GDP: USD 30.4 trillion
"The United States’ GDP is the world’s largest, being worth over a quarter of global output in nominal GDP terms. Moreover, it has among the world’s highest GDP per capita. The economy’s structure is highly diversified. The tech industry, anchored by Silicon Valley, dominates globally, driving innovation in AI, biotech and software. The financial sector, centered in New York, boasts the world’s deepest capital markets. Healthcare and pharmaceuticals are other strengths, while manufacturing—though reduced in scale compared to previous decades—remains competitive in areas such as aerospace, defense and motor vehicles."
https://www.focus-economics.com/blog/the-largest-economies-in-the-world/
The stock market creates all time highs constantly, its no longer tied to anything tangible if you look at the valuation of some of these companies, I wouldn't use that as a marker for the economy.
Inflation is increasing, self induced, jobs are drying up, gdp is likely not great but how would you know?
The US owes WW2 for the largest economy in the world, it allowed them to become the preeminent superpower. The economy is not doing good, hence the rate cuts.
People with money are likely doing fine, the poor not so much. Similar to how inequality grew during the pandemic, people were losing jobs, income etc yet the elites raked in money hand over fist.
