US Net Worth Hits All Time High: Just 10% Of Americans Now Own $91 Trillion In Assets
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US Net Worth Hits All Time High: Just 10% Of Americans Now Own $91 Trillion In Assets

In the third quarter, when the S&P500 rose to a new all time high, so did US financial assets according to the latest just released Flow of Funds report published today by the Fed. Also known as the Fed's Z.1 statement, it revealed that with $130.2 trillion in assets and a modest $16.4 trillion in liabilities, the net worth of US households rose to a new all time high of $113.8 trillion, up...

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