US household wealth is above $100 trillion for the first time in history — but that excess could be signaling the next market crash
|09/16/2018||Posted by BusinessMediaguide.Com under General World News||
- US household net worth recently climbed above the $100 trillion threshold for the first time in history.
- New research suggests this could be signaling the next big market crash, because that type of excess becomes unsustainable when it diverges so much from actual household income.
- Russ Mould, investment director at AJ Bell, outlines what he thinks could land the death blow for markets, given how overextended conditions appear to be.
One would think US household net worth soaring above the $100 trillion mark for the first time would be cause for celebration.
But when that figure is compared to actual US read more >>>