[infecto]

Again I don’t think that means what you think it means. It says “value of all financial assets” which includes banking accounts, cds, stocks, bonds etc. that is not liquid.

The next exact line it calls out those bank accounts and the mean at $8,000. That is not a lot of liquid emergency savings for a household let’s say of 3.

So I don’t think your point stands.

[smegma2]

Everything you listed is liquid. CDs can be withdrawn early for a small penalty, and most likely without even losing any of your principal.

[infecto]

Again that number is inclusive of retirement accounts, hard to say much without knowing the breakdown but we do know $8k is the closet cash number. I would suspect the majority of the rest are in retirement accounts. Sure bonds and stocks are liquid but not like cash is. Using Fred is not that useful for these type of exercises as I don’t think those datapoints do a great job on topics like this.

So I don’t see what you are trying to point out. Most surveys I have seen put something like a quarter of Americans without any emergency savings.