FOXNEWS Studio B With Shepard Smith June 12, 2012
together americans lost $7 trillion of home equity during that period. that is a bit are pill to swallow. >>trace: it is. we mention the numbers from 18 months ago but we still feel the effects. >>gerri: exactly. the slow recovery is weighing as you said on middle-class families. it is middle class families who rely on their house as their biggest investment. this report coming out a week before bernanke meets with the federal reserve to talk about rates and if they will juice the economy in someday. this could influence their meeting and their discussion. we will have to wait-and-se...