Americans Are Getting Poorer; Household Wealth Declining....

submitted by JablesRadio [link] [4 comments]

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BING NEWS:
  • High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
    High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.
    04/30/2024 - 4:31 am | View Link
  • Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
    Consider that household wealth grew by an average of 5.5% a year in the decade after the 2008-2009 Great Recession but that since 2018, it’s accelerated to nearly 9%. Stock prices, as measured ...
    04/29/2024 - 7:48 am | View Link
  • Affluent Americans are driving US economy, likely delaying need for Fed rate cuts
    Consider that household wealth grew by an average of 5.5% a year in the decade after the 2008-2009 Great Recession but that since 2018, it’s accelerated to nearly 9%. Stock prices, as measured ...
    04/28/2024 - 8:26 pm | View Link
  • Stop complaining, Zoomers – you’re rich
    People born between 1997 and 2012 should appreciate that Millennials and Baby Boomers were poorer at this stage in their lives.
    04/24/2024 - 9:16 am | View Link
  • Wealth of Younger Americans Is Historically High
    This column examines the latest data from the Federal Reserve and explains how younger households saw faster wealth gains during the pandemic than older household groups. Notably, these recent ...
    04/23/2024 - 1:00 pm | View Link
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