Household Wealth Back to Normal?

 |  Includes: DIA, QQQ, SPY
by: Zubin Jelveh

The Fed released the Q3 Flow of Funds report yesterday afternoon, and the news was not altogether surprising:

Dec. 11 (Bloomberg) -- U.S. household wealth fell in the third quarter by the most on record as property values and stock prices tumbled, highlighting the tattered state of consumer finances even before the most recent slump in lending.

Household net worth fell by $2.81 trillion:


And net worth as a percentage of disposable income is doing a little bit of mean reversion -- again:


Some more chartage from Rebecca Wilder.