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The Fed – A Wealthless Recovery? Asset Ownership and the Uneven Recovery from the Great Recession

September 19, 2018 Bilal 0

The Fed – A Wealthless Recovery? Asset Ownership and the Uneven Recovery from the Great Recession https://ift.tt/2x8cAED September 13, 2018 A Wealthless Recovery? Asset Ownership and the Uneven Recovery from the Great Recession Lisa Dettling, Joanne Hsu and Elizabeth Llanes Aggregate measures of household wealth have broadly followed the business cycle. Between 2007 and 2009, American households as a whole lost 20 percent of their wealth.1 Household wealth increased during the economic recovery from its nadir in the Great Recession, and by late 2012, aggregate household net worth surpassed its previous 2007 peak, and continued to grow through 2016. These […]