Compound Growth

America's Wealth Divide: A Conversation with Bryce Gill

• Compound Growth • Season 2 • Episode 11

Share episode

Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.

0:00 | 56:43

The economy looks fine on paper. But if you're young and trying to build a life in America right now, it doesn't feel that way. Bryce Gill, economist at First Trust, joins Wheeler and Colin to explain why both things are true at the same time.

Bryce breaks down the structural forces quietly reshaping who gets ahead in this economy and who gets left behind. The conversation covers the widening gap between asset owners and everyone else, why the wealth divide is less about capital versus labor and more about age, how AI is actually changing the labor market versus how it's being talked about, and why the economy has become more dependent on the psychology of financial markets than most people realize.

They also get into what's really happening in private credit, why the median age of a first-time homebuyer is now 40, and what the federal budget actually tells us about where resources are flowing in this country. Bryce closes with something most economists won't say out loud: the biggest threat to the United States isn't geopolitical. It's internal division.

Follow Us:

Credits:
Created By: Wheeler Crowley and Colin Walker
Production, Editing and Post-Production: Tori Rothwell