The Q1 2012 Federal Reserve's flow of funds report was released last Thursday with significant revisions. Household wealth increased $2.82 trillion to $62.87 trillion in Q1 2012. The gains were in stocks, mutual funds so the average Joe without portfolios, basically didn't see anything. Below is a graph of annual household net worth.
The Q4 2011 Federal Reserve's flow of funds report is more bad news for Americans, plus holds some obscene statistics from corporate America. Household wealth increased $1.191 trillion to $58.455 trillion in Q4 2011, but is down by $369 billion, from Q4, 2010, or -0.63%. In comparison to the end of 2007, household wealth is still down -$6.743 trillion, or -10.34%. Below is a graph of annual household net worth.
The Q3 2011 Federal Reserve's flow of funds report is more bad news for Americans, plus holds some obscene statistics from corporate America. Household wealth dropped a record $2.4 trillion dollars in three months, 4.1%, and is down about 13% from 2007.
Within the Q2 2011 Federal Reserve's flow of funds is more bad news for Americans, we're broker...er.
Household net worth—the difference between the value of assets and liabilities—was $58.5 trillion at the end of the second quarter, about $150 billion less than at the end of the previous quarter.
While I disagree with the characterization of Paulson not disclosing that the current crisis is about derivatives, this blog post has some interesting plans as well as statistics on asset to derivatives ratios.
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