USA: The Haves and Have-Nots

The stock market is soaring, household wealth is at record levels and investment income has never been greater. 

At the same time, some families’ pandemic-era savings are running dry, and delinquencies on credit card and auto-loan payments have jumped.

Warning signals are flashing for more low- and middle-income Americans, exposing a division between people whose gains are being whittled down by elevated inflation and borrowing costs and those who are benefiting from high asset prices and bond returns.

Wall Street Journal 30 July 2024

https://www.wsj.com/economy/consumers/inflation-interest-rates-wealth-loans-51d4276e


Economic Data Paint a Picture of Two Americas

Aaron Back Wall Street Journal 8 June 2024



U.S. Home Prices Hit Record in June 





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