US households see biggest decline in net worth since the financial crisis
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Summary
The overall move was the second-highest quarterly dollar drop since the Fed began tracking the statistic.Overall, financial assets totaled just more than $85 trillion at the end of the year, while real estate value was $29.2 trillion.Household net worth has been rising strongly since the crisis and is up 73 percent since 2009.After suffering their worst Christmas Eve in history, stocks staged a turnaround and ultimately saw their best two-month start to a year since at least 1991.
As said here by Jeff Cox