Feeling Wealthier? You Should.
Americans are rolling in the dough - even if they don't feel like it. A new Federal Reserve report says household wealth is back where it was before the recent recession. One reason - the Dow Jones Industrial Average is at its highest peak in history And the S&P 500, a better gauge of stock market value, is approaching a record of its own. The benchmark is now up over 125 percent from the financial crisis low set back in March, 2009. Mark Zandi, chief economist, Moody's Analytics:
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