Home › Forums › Financial Markets/Economics › Squat250 calling a TOP… › briansd1 wrote:S&P is at 4
[quote=briansd1]S&P is at 4 year high.
Are we better off than we were 4 years ago? I think so.[/quote]
You’re confusing the stock market with the broader economy.
Keep in mind that the middle income earners (40th to 60th percentile) had a median net worth of $65,900. That includes any equity in their house.
http://abcnews.go.com/blogs/business/2012/06/family-net-worth-down-to-early-90s-level/
Not everyone has money invested in the stock market. Piggs are not typical.