Relevant and even prescient commentary on news, politics and the economy.

Interpreting the news of getting high on net wealth news

US Household wealth regains pre-recession peak!  crows this story. Steve Roth‘s chart to 2010 from Asynptosis demonstrates the drop in net worth for most of us. pgl at Econospeak adds perspective: So Whose Wealth Is At a Record High? This news story must be good news for some folks: According to the Federal Reserve, household wealth […]