Americans’ Wealth Surpasses $100 Trillion for First Time, But Is This “Phony Prosperity”?
At the beginning of June, the Federal Reserve announced that the net worth of US households had risen to over $100 trillion for the first time ever, as investments skyrocketed in value since the first quarter of 2017. Newsweek reported that the higher value of assets like homes, bank accounts, and stocks largely contributed to […]
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