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Prosperity and debt loom in a high tech economy
A Federal Reserve survey shows incomes rising but not sharply, while home equity and stock ownership grow. Margin debt hits a 63 year high, with debt not counting home equity or credit card borrowings. Analysts debate whether prosperity has room to grow or may be nearing a limit.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
Congress
Joint Economic Committee
Financial Markets Center
Alan Greenspan
Greenspan