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The Wall Street Publication > Blog > Markets > America’s Cash Might Stay on the Sidelines
Markets

America’s Cash Might Stay on the Sidelines

Editorial Board Published September 23, 2021
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America’s Cash Might Stay on the Sidelines
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If Americans ever feel comfortable again, they have a lot of money that they can spend. But who knows when that comfort will come?

The Federal Reserve on Thursday reported that the net worth of U.S. households was $134 trillion in the second quarter—up from $128.4 trillion in the first quarter. That figure stood at $110 trillion In the fourth quarter of 2019, before the pandemic took hold. Including nonprofits, accumulated household net worth in the second quarter hit a record $141.7 trillion.

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