About 29% according to JP Morgan Wealth Management …
I expected the number to be much higher
Financial assets are more than half.
Material “stuff” such as autos is less than 10%
In nominal terms, the aggregate consumer balance sheet has just about fought its way back to pre-crash levels.
So, why does it feel so bad?
* * * * *
Follow on Twitter @KenHoma >> Latest Posts
The Homa Files 