Spending & Saving Habits - Gen Z's overall spending decreased by 13% between January and April due to cost of living challenges, economic uncertainty, and inflation [1] - Gen Z is building emergency accounts to buffer potential job loss, aiming for a few hundred to a couple thousand dollars in savings [3] Employment Concerns - Gen Z is not only afraid of losing their jobs but even more afraid of not finding another one [2] - AI is contributing to Gen Z's concerns about getting a job, getting promoted, and gaining responsibilities, especially in the first year or two after college [12][13][14] Financial Outlook & Support - Over 60% of Gen Z supports universal basic income [15] - A majority of Gen Z does not believe they will ever be able to afford to retire [15][18] - Parents of Gen Z are increasingly under financial stress, impacting their ability to support their Gen Z children [5] Generational Differences & Workplace - There's a dislocation within Gen Z, with some members progressing while others struggle, creating challenges [7][8] - The industry believes Gen Z is miscast, as over 70% believe being a loyal employee means working at least one year at an employer [21]

Do you think we should have a sovereign wealth fund. >> I think that we should start a sovereign wealth fund right now. And who should fund it.The great news is that these Trump tariff deals come with huge amounts of capital that these other countries have committed to spending inside the United States. We've exceeded a trillion dollars of inbound capital on the investment side. We get 90% of the upside.A lot of that capital should be the seed capital for a sovereign wealth fund. The concern I have is anyti ...