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Americans see second quarterly rise in net worth
Federal Reserve data show net worth up 5 percent to 53.4 trillion in the latest quarter, led by stock gains and higher home values. Despite a recovery, wealth remains below the 64.5 trillion pre recession peak, with forecasts hedged and debt still being paid down.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Scott Hoyt
Moody's Economy.com
Hoyt
Standard & Poor
S&p
Fed
Mark Witner
Wells Fargo Securities
Charlotte
N.C
Barclays Capital
Michelle Meyer
Michael Robinson