Lewis Diuguid

May 31, 2013

Wealth recovery for some, hardly for all

In the last three months of 2012 U.S. households recovered $14.7 billion, The Associated Press reports. But the average Joe and Josephine Sixpack didn’t much feel it because nearly two-thirds of the wealth recovery since 2009 was caused by stock market gains, which disproportionately benefit the wealthy.

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