The net worth of U.S. households climbed to new heights as 2021 began and the effects of the Covid-19 pandemic began to fade.
Of that total, $3.2 trillion came from equity holdings, while $1 trillion was due to the continued escalation in real estate values. The S&P 500 gained 7 percent for the quarter as investors continued to count on rising corporate earnings and accommodative fiscal and monetary policy, while also placing speculative bets on so-called meme stocks.
From a historical perspective, household net worth has nearly doubled from its level of a decade ago as the nation was still escaping the throes of the financial crisis.
All good when getting in at the bottom..
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bruised but unbowed, meme stock investors are back for moreNEW YORK (AP) — After feeling the thrill of victory early this year by singlehandedly causing GameStop’s stock to soar — only to get crushed when it quickly crashed back to earth — armies of smaller-pocketed and novice investors are back for more.
Source: AP - 🏆 728. / 51 Read more »
GameStop tumbles, Clover Health rises in 'meme stock' rollercoasterShares of GameStop (GME.N) fell 7.6% and Clover Health Investments (CLOV.O) jumped 5.9% in early deals on Thursday, setting the stage for another rollercoaster session for stocks favored by small-time investors on social media platforms.
Source: Reuters - 🏆 2. / 97 Read more »
GameStop tumbles, Clover Health rises in 'meme stock' roller coasterShares of GameStop Corp (GME.N) fell 7% and Clover Health Investments Corp (CLOV.O) jumped 6.4% in early deals on Thursday, setting the stage for another roller coaster session for stocks favored by small-time investors on social media platforms. Let the games begin
Source: Reuters - 🏆 2. / 97 Read more »
Meme stocks stumble after GameStop discloses SEC probe into the frenzyThe big meme stocks all took a hit in after-hours trading Wednesday as GameStop discloses SEC probe and willingness to fully cooperate with the regulator's... The Reason the SEC is probing GME is because of naked short selling. Speaking of naked short selling, Hedge funds are currently shorting every ETF containing GME in after hours to scare people out. More fuel for the rocket! 🚀 GME to the moon! 🚀 WeOwnTheFloat AMCSqueeze Why in the title your misleading people to think that the Sec is probing the retail investor? NakedShorts
Source: MarketWatch - 🏆 3. / 97 Read more »
'iCarly' Reveals Brand New Revival Opening Theme and It Features Miranda Cosgrove Recreating a MemeThis is better than we could have imagined!
Source: seventeen - 🏆 412. / 53 Read more »
Opinion | ‘Meme’ Stocks Can Learn From AMCFrom WSJopinion: AMC’s Adam Aron is right to focus on meeting the public’s irrational desire for his company’s shares, writes HolmanJenkins opinion HolmanJenkins The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of micheal33590 I've been earning $ 23k weekly I've never regretted this decision. 🙏🏻🙏🏻 opinion HolmanJenkins I never thought investing on Bitcoins can be this fruitful, till i was introduced to abrantesrene , he is a God sent he helped me earned $40k within 2 weeks
Source: WSJ - 🏆 98. / 63 Read more »