As you hear about concerns about “equity”, According to Bloomberg, "for the wealthiest people on the planet, 2021 was a year of enormous gains, extreme losses." BBG went on to call it the "Year of the Super Billionaire".
Let’s celebrate soaring equity markets; rising valuations of everything from mansions to crypto to commodities boosted the collective fortune of the world’s 500 richest people by more than $1 trillion. But at least the masses with almost 30T in the US alone is borrowed against can get vaccine and a booster. EQUTY!