When Markets Fail, Do We All Lose? The Evidence Isn’t As Clear As Reported

Justin Hicks June 19, 2012
June 19, 2012

It may not have come as a surprise that a week ago, the Federal Reserve released a report showing how U.S. family wealth and income declined from 2007 to 2010. However, most mainstream media sources took a single statistic (changes in median wealth) from the over 80 page bulletin and ran away with the wrong message.