ULTRAHIGH net worth GLOBAL WEALTH GETS BACK ON TRACK WORLD MARKETS FUEL GLOBAL WEALTH GAINS Despite lingering recession fears and the potential for a protracted trade war, recent economic developments have turned out well for wealth creation in most of the world. Following a contraction in 2018, total global wealth and the population of high net worth individuals around the world rebounded in 2019 as equity markets across the board rallied strongly and interest rates remained historically low. Wealthy households benefited from increases in the value of financial assets like stocks and bonds, as well as hard assets like real estate.
COLDWELL BANKER GLOBAL LUXURY - STATE OF LUXURY REPORT 2020 | 21