A brief note about the Fed report on household wealth and income
- by New Deal democrat
Yesterday the Fed released its report on 2013 household wealth and income. The report only comes out once every three years, so the comparison is with 2010.
So far what I have read pretty accurately summarizes the report. But I want to add a few comments about items you probably won't read elsewhere, and some cautions about interpreting it. I hope to have that up later today.