American Household Wealth Jumps $2.1 TRILLION, Thanks To The Huge Surge In The Stock Market


Photo: lloydiviaFlickr

Party time in America!The Fed has just released Q4 flow of funds data.

There will be a lot of digging, but here’s one headline that’s already getting coverage.

American household wealth jumped $2.1 TRILLION in the quarter.

What happened? Stocks, that’s what happened.

Americans made about $934 billion in corporate equities ($8.5 trillion in Q4 vs. $7.57 trillion in Q3), another $300 Billion in mutual fund shares ($4.7 trillion over $4.395 trillion), and another $700 billion in the value of their pension funds ($13 trillion over $12.3 rillion).

It nicely offset yet another (modest) decline in household equity.

Read the whole data here (.pdf).

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

economy moneygame-us