American Household Wealth Grows $1.7 Trillion to New Record

#11929
Truman
Participant

[quote=”Assistanc3″ post=1651]its mostly all debt (CC, auto and student loans)

few Americans benefit from the housing assets increasing because American home ownership is low and the companies have almost $2.3 trillion in liquid assets does no one any good (unless they issue a 1 time special dividend payment)[/quote]

It says net wealth – would that not be net of debt or am I reading wrong?