Surge in wealth from stocks and other financial assets may be sending a dangerous signal for the economy

Surge in wealth from stocks and other financial assets may be sending a dangerous signal for the economy

Nine years into the second-longest bull market run in history, the level of total net worth compared to income has reached a new record, according to Joe LaVorgna, chief economist for the Americas at Natixis, citing Federal Reserve data.

Since the Great Recession ended in June 2009, the disparity…

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