Welfare for the Wealthy

This morning’s WSJ Daily Shot had an important suite of charts in it that illustrate the differences between net worth improvements for US households. The difference between median and mean improvement is stark, as are the differences between different percentiles of households. In order to have felt the recovery thus far, one needed to have financial and real estate assets – a lot of them, actually… As ...

source http://thereformedbroker.com/2017/12/15/welfare-for-the-wealthy/