📉 The Hidden Greater Depression
Sharpfokus Brief — October 6, 2025
On the surface the U.S. economy looks fine — jobs, spending and markets all seem steady.
But a deeper look shows something striking: the share of young adults (18–29) living with parents is now higher than at the peak of the Great Depression.
• Home ownership among the young is far lower than previous generations.
• Debt levels remain high while real wages have struggled.
• Growth feels solid — but many are standing still.
• Whatever the case in the U.S., conditions are often even tougher in other countries.
It’s a reminder that headline growth can hide deep imbalances — and that long-term value is built by real economic returns, not surface indicators.
⸻
🔍 Free research today — MKPI.jk
We’re switching to a simple cashflow ÷ market value yield (directly comparable to the risk-free rate).
MKPI cashflow yield: 5% vs 6% risk-free 🤙
— About fair value right now; would need stronger cashflow or cheaper market to excite us.
⸻
Upgrade → sharpfokus.com/subscribe
Data, not advice
Sharpfokus Brief — October 6, 2025
On the surface the U.S. economy looks fine — jobs, spending and markets all seem steady.
But a deeper look shows something striking: the share of young adults (18–29) living with parents is now higher than at the peak of the Great Depression.
• Home ownership among the young is far lower than previous generations.
• Debt levels remain high while real wages have struggled.
• Growth feels solid — but many are standing still.
• Whatever the case in the U.S., conditions are often even tougher in other countries.
It’s a reminder that headline growth can hide deep imbalances — and that long-term value is built by real economic returns, not surface indicators.
⸻
🔍 Free research today — MKPI.jk
We’re switching to a simple cashflow ÷ market value yield (directly comparable to the risk-free rate).
MKPI cashflow yield: 5% vs 6% risk-free 🤙
— About fair value right now; would need stronger cashflow or cheaper market to excite us.
⸻
Upgrade → sharpfokus.com/subscribe
Data, not advice