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Politics : Formerly About Advanced Micro Devices

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From: locogringo

9/20/2018 4:10:08 PM

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OOPS!

THANK YOU PRESIDENT TRUMP: You are a FINE AMERICAN!

Household net worth climbs by $2.19 trillion,
driven by stock market, house prices

MarketWatch, by Steve Goldstein

The numbers: Household and nonprofit net worth rose by $2.19 trillion in the second quarter, the Federal Reserve announced Thursday. That represents a seasonally adjusted annual rise of 2.1% to $106.93 trillion, driven in part by gains in the stock market as well as in the value of real estate. What happened: As the economic cycle grows older — and as the real estate sector bemoans a lack of available homes that has driven up house prices — household net worth continues to gain. It’s important to stress that the Fed report doesn’t represent the experience for the typical

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