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Strategies & Market Trends : Currents of Currency

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From: Ahda	9/18/2015 2:35:26 PM
	of 594

Bloomberg Household wealth in U.S. rose in second quarter on real estate Household wealth in the U.S. climbed in the second quarter, a sign consumers will help growth in the world’s largest economy. Net worth for households and non-profit groups increased by $694.8 billion from April through June, or 0.8 percent from the previous three months, to $85.7 trillion, the Federal Reserve said Friday from Washington in its financial accounts report, previously known as the flow of funds… There have been many comments about if we heading for a repeat of 2008. Real estate was once the result of income not the income. You have to sell the real estate to increase the income.

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