Net worth of U.S. households skyrockets

Tchocky · 03-09-07, 07:24 PM

A large reason for this is gains on stocks. As we all know the Dow etc have been doing rather well in the last year. Unfortunately, a lot of this gain is from static wages increasing profits, so its not as rosy as the figures make out. Still, it's good news, although prone to ouliers as Skybird pointed out. Increasingly, economic growth in developed countries is localised at the top end, accelerating the gap between rich and poor. it's a tough nut to crack.

03-09-07, 07:24 PM	#14
Tchocky Navy Seal Join Date: Jul 2004 Posts: 5,874 Downloads: 6 Uploads: 0	A large reason for this is gains on stocks. As we all know the Dow etc have been doing rather well in the last year. Unfortunately, a lot of this gain is from static wages increasing profits, so its not as rosy as the figures make out. Still, it's good news, although prone to ouliers as Skybird pointed out. Increasingly, economic growth in developed countries is localised at the top end, accelerating the gap between rich and poor. it's a tough nut to crack. __________________ [SIGPIC][/SIGPIC]