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Washington - Surging Stocks Lift US Wealth, Yet Most Still Trail '07 Peak

Dec 07, 2017 at 08:00 PM

Washington - Surging stock prices and steady increases in home values powered American household wealth to $96.9 trillion this fall, The Federal Reserve said Thursday. The gains, however, aren't widely shared. U.S. wealth has made a remarkable comeback since the recession, when it plummeted more than $10 trillion to $56.2 trillion. The figures aren't adjusted for inflation or population...

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