Thursday, September 24, 2020
Chart of the Week – 9/24/2020
Suburbia Strikes Back
The Chart of the Week may be a bit of a surprise. The net worth of households and nonprofits hit an all-time high as of the end of the second quarter of 2020. The new high was not a large jump from prior months, but it is noteworthy, nonetheless. Not surprisingly, a large portion of the boost was from the stock market, which has had substantial monetary and fiscal stimulus as a tailwind.1
