Your Net Worth Is America’s Secret Economic Weapon

William Arsn

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 […]

Your net worth is America’s secret economic weapon

William Arsn

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 […]