December 08, 2023
Sucking America Dry
Timothy Birdnow
Bidenomicsis draining America dry.
From Bloomberg:
Bidenomicsis draining America dry.
From Bloomberg:
Household net worth decreased $1.3 trillion, or 0.9%, in the period to almost $151 trillion, a Federal Reserve report showed Thursday.
The value of equity holdings fell about $1.7 trillion in the third quarter, while the value of real estate held by households rose slightly to a record high.
The S&P 500 retreated in the third quarter for the first time in a year on concerns about the economic outlook in the wake of the Fed’s interest-rate hikes.
The value of equity holdings fell about $1.7 trillion in the third quarter, while the value of real estate held by households rose slightly to a record high.
The S&P 500 retreated in the third quarter for the first time in a year on concerns about the economic outlook in the wake of the Fed’s interest-rate hikes.
Posted by: Timothy Birdnow at
10:27 AM
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