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The average age for Generation Z in the United States to start accumulating wealth is 19, with nearly half paying more attention to cryptocurrency

The 2026 Wealth Survey by U.S. Bank shows that the average American Generation Z starts accumulating wealth at 19 years old, significantly earlier than previous generations. The survey covered 5,000 American adults aged 18 and older. Generation Z consciously begins to build wealth on average at 19, including investing, saving for retirement, or long-term savings, which is 6 years earlier than the average age of 25 for Millennials, 10 years earlier than 29 for Generation X, and 13 years earlier than 32 for Baby Boomers.Despite starting earlier, 56% of Generation Z believe they are doing everything right but have not achieved their expected financial situation, 62% report difficulty in making financial progress, and 49% have paused or plan to pause their investments. 62% of Generation Z and 61% of Millennials believe that the stock market is a more realistic path to wealth than buying a home, with the percentages for Generation X and Baby Boomers being 51% and 45%, respectively. About 47% of Generation Z obtain financial information through social media, and nearly half of young people are more interested in emerging options like cryptocurrency, but most still believe that traditional investments are the best way to achieve long-term goals. About 70% of parents have provided or plan to provide assistance for their children's significant milestones.

U.S. SEC Commissioner "Six Questions" on U.S. Stocks 23*5 Trading: Calls for Attention to Issues such as Liquidity and Information Disclosure

Hester M. Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated that the U.S. stock market is gradually forming a trading model of "23 hours, 5 days a week" for extended trading hours. Although overnight trading currently accounts for less than 1% of the total trading volume of NMS stocks and is highly concentrated in a few stocks, both new and established trading venues have been actively extending their operating hours over the past two years, while raising six key questions:How should the U.S. stock market learn from the experiences of the long-established foreign exchange, cryptocurrency, and futures markets?How can brokers fulfill their best execution obligations and enhance retail investor protection when overnight liquidity is dispersed and spreads widen?When overnight liquidity is insufficient and execution costs are high, is it still a reasonable fiduciary decision for asset management institutions to choose not to engage in overnight trading?Will extending trading hours change the way listed companies release financial reports and significant information?Given that EDGAR filings submitted after 5:30 PM Eastern Time are typically processed on the next business day, does the SEC need to adjust the EDGAR system to ensure timely disclosure of significant information during the overnight trading period?Should the SEC provide relevant guidance or regulatory exemptions for listed companies, especially smaller ones?

Fu Peng discusses NVIDIA's financial report: The market's reaction to the financial data is lukewarm, attention should be paid to the duration of the boost from Jensen Huang's speech

Chief Economist Fu Peng of New Fire Group published an article pointing out that although Nvidia's latest financial report has exceeded expectations for 15 consecutive quarters, the market has reacted lukewarmly to the financial data itself. Indicators such as stock price and options volatility show that market investors are currently more concerned about whether the free cash flow of the future index center can be smoothly delivered, and how long the momentum of AI growth can be maintained. These issues weigh more heavily than the performance of a single quarter's financial report, so even if this performance exceeds Wall Street's expectations by a few points, it does not change the denominator of the valuation.Fu Peng believes that Jensen Huang's statement during the conference call clearly indicated that "the inflection point for AI has arrived," which is essentially to reassure the market, aiming to strengthen market confidence in the formation of a closed-loop AI industry chain and alleviate concerns about over-investment. Investors should observe how long it takes for the market to digest this round of confidence boost, and how long the elevated expectations brought by Jensen Huang will last before fading. If the sentiment fades quickly, it indicates that the current typical market mentality is "no rabbit, no hawk," and the impact of manufacturers repeatedly reinforcing confidence in the market is gradually weakening, which can be observed from the duration of market fluctuations after each conference call.
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