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80 percent of stocks are held by the wealthiest 10 percent of the population

By AD following x   2013 Jun 1, 3:54am 1,244 views   1 comments   watch   nsfw   quote     share    


http://www.cbsnews.com/8301-505123_162-57587033/wealth-of-most-americans-down-55-since-recession/

MoneyWatch) Increasing housing prices and the stock market''s posting all-time highs haven't helped the plight most Americans. The average U.S. household has recovered only 45 percent of the wealth they lost during the recession, according to a report released yesterday from the Federal Reserve Bank of St. Louis. This finding is a very different picture than one painted in a report earlier this year by the Fed that calculated Americans as a whole had regained 91 percent of their losses. The writers of the report released yesterday point out that the earlier number is based on aggregate household-net-worth data. However,...

#housing

1   Blurtman   ignore (1)   2013 Jun 1, 8:21am   ↑ like (0)   ↓ dislike (1)   quote   flag        

And so.....?


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