STUDY: WEALTH INEQUALITY INFLAMED BY SLOW RECOVERY
University of Michigan researchers have released a study stating that the disparity between the wealthiest Americans and the rest of the country has grown because of the Great Recession and the slow recovery. According to the study, the top 5% of Americans averaged 24 times as much wealth as the wealth of the median American family in 2013
Buffett also rejected the idea the U.S. stock market is “rigged.” He contended that the market’s sheer size gives him comfort, “It’s pretty hard to rig 20 trillion-plus dollars.”
Bullard Predicts Fed Rate Increase in First Quarter of 2015
ECB imposes negative interest rate
University of Michigan researchers have released a study stating that the disparity between the wealthiest Americans and the rest of the country has grown because of the Great Recession and the slow recovery. According to the study, the top 5% of Americans averaged 24 times as much wealth as the wealth of the median American family in 2013
Buffett also rejected the idea the U.S. stock market is “rigged.” He contended that the market’s sheer size gives him comfort, “It’s pretty hard to rig 20 trillion-plus dollars.”
Bullard Predicts Fed Rate Increase in First Quarter of 2015
ECB imposes negative interest rate
