New York Times (July 1)
“There’s an anomaly in an economy that is supposedly running flat out: Many families still haven’t recovered the wealth they lost in the financial collapse…. Despite high stock prices and record home prices, household net worth since 2007 has decreased for all income groups — except the top 10 percent.”
Tags: Anomaly, Economy, Families, Financial collapse, Home prices, Household, Net worth, Stock prices, Wealth
Institutional Investor (October Issue)
“Six years ago the common threat of a global financial collapse inspired a collective response that averted a depression. Today the threats seem to be coming from everywhere, and they are geopolitical as much as economic.” This makes any coordinated solution “hard to imagine.”
Tags: Collective response, Depression, Economic, Financial collapse, Geopolitical, Global, Solution, Threat
