The components of household net worth that fluctuate are largely based on the stock market and home prices. During the 2001 recession housing was largely stable, but stocks took a few years to recover. So net worth was mostly flat until 2003, when it started increasing again as stocks rebounded and housing […]
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Your net worth is America’s secret economic weapon
A paradox of this economic crisis is that while U.S. employment remains 13 million below its pre-pandemic peak, the net worth of American households may be at a record high, thanks to the soaring prices of stocks and homes. This doesn’t discount the need for fiscal relief for workers and […]
Liam Payne talks Bear, secret lockdown music and TV presenting
Liam Payne has had a busy lockdown during the coranvirus pandemic. Not only has he been working on new music projects but he’s also helped to raise more than $10million (£7.9 million) for charities fighting COVID-19 just by playing the video game FIFA. The Stack It Up singer joined premiership […]