Tuesday, September 22, 2020

WSJ: Household Net Worth Highest Ever

The Wall Street Journal reports that US household net worth hits highest level ever.  The 6.8% jump between 1Q20 and 2Q20 masks the roller coaster dip of 6% followed by a rapid ascent of 14% in the interim. I’d be interested in seeing the distribution since we’ve been told that 1 in 5 Americans have zero or negative net worth. How are they doing these days?

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