Wealth Paradox Not Effect

By |2017-06-09T11:44:52-04:00June 9th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

US Household Net Worth rose to a record $94.8 trillion in Q1 2017. According to the Federal Reserve’s Financial Accounts of the United States (Z1), aggregate paper wealth rose by more than 8% year-over-year mostly as the stock market shook off the effects of “global turmoil.” It was the best rate of expansion since the second quarter of 2014 just [...]