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Household net worth jumps $2.8 trillion
Posted by marketnews on June 7th, 2012

Market increase creates the biggest quarterly gain in net worth since the end of the financial crisis.

Fortune -- Feeling richer in 2012? According to the Federal Reserve you are.

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household income, HHI, net worth, federal reserve

Growth Slowdown Seen for Third Year in U.S. Dodging a Recession
Posted by marketnews on June 4th, 2012

The U.S. economy looks set to deliver a repeat performance in 2012: for the third straight year, it may suffer a swoon yet not slip into a recession.

"I don't think the slowdown will be any more consequential than the past two years," said John Ryding, a former Federal Reserve researcher who is chief economist at RDQ Economics LLC in New York. "There are positives out there in the economy. We'll avoid a recession."

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recession, household income, jobs, ECB, gas prices, homebuilder confidence

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