Wealth Bubble In ‘Scary Graph’ Flashes Warning About Future U.S. Downturn

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BLOOMBERG from BenchMark
By Rich Miller

Americans are about as wealthy as they’ve ever been—and that’s a worry?
Yup, say veteran economists Daniel Thornton and Joe Carson. They’re concerned that the swelling of wealth could prove unsustainable because it’s far outstripped the growth of the economy since the recession’s end in 2009.

For the entire article click on the link below:

http://www.bloomberg.com/news/articles/2016-07-22/ex-fed-official-worried-about-bubbles-warns-of-u-s-downturn

Wealth

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