2/27/14 – Faults in the Federal Reserve Claim that Household wealth was highest since records began in 1945 – it included accounts held by foreigners living outside of the United States – It didn’t adjust for inflation or population growth – it… Read More ›
Net worth
How the rich got RICHER during the economic recovery – while the other 93 percent became worse off
Average net worth of households in the upper 7 percent rose by an estimated 28 percent Households in the lower 93 percent dropped by 4 percent Reason found: Affluent households typically own stocks and other financial holdings that increased in… Read More ›