How Fast Can Fortunes Change? Lessons From the Fed Survey

News Room
Artashes / Shutterstock.com

The Federal Reserve’s latest Survey of Consumer Finances reveals how dramatically American household wealth shifted during the pandemic. Families experienced unprecedented financial changes that created clear winners and losers across all income levels. Some households built substantial savings while others fell further behind. Homeowners saw massive property value gains while renters…

Read the full article here

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *