According to The Kobeissi Letter, US household equity wealth is projected to decline by $3 trillion this quarter, marking the largest decrease since the 2022 bear market, as estimated by BofA. This significant drop contrasts with the $9 trillion increase in equity holdings observed in 2024, which set a record at $56 trillion. This shift may influence trading strategies focusing on US equities, as market participants adjust to these changes in household wealth dynamics.