The Traderszone Network

Published in TZ Latest News 11 June, 2015 by The TZ Newswire Staff

The Rich Have Never Been Richer: US Household Assets Hit $99 Trillion

Moments ago the Fed’s latest Flow of Funds report confirmed what the Philly Fed noted recently (and what blogger and Citadel trader Ben Bernanke vehemently denies): that the Fed keeps making America’s uber rich ever richer, when in the first quarter thanks mostly to yet another $1.1 trilion increase in the value of financial assets (read stock market), the asset holdings of US households (or at least a very small subsecti

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