Surge in wealth from stocks and other financial assets may be sending a dangerous signal for the economy
March 20, 2018 at 13:40 PM EDT
The surge in wealth from stocks and other financial assets is sending a potential danger signal for the economy. Since the Great Recession ended in June 2009, the disparity between net worth and income has soared, attributable in large part to the growth in financial assets, which have increased by $33.9 trillion, compared to $10.4 trillion in nonfinancial assets. In all, total net worth of $98.75 trillion is now 6.79 times the $14.55 trillion in disposable income
