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That isn't how recessions usually work. In 2008 financial crisis, US households lost $8tn. During Covid, most Americans got richer—especially the Rich. – Investment Watch

That isn’t how recessions usually work. In 2008 financial crisis, US households lost $8tn. During Covid, most Americans got richer especially the Rich.
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WHAT? US households gained $13.5tn in wealth in 2020, biggest increase in records going back 3 decades. That isn’t how recessions usually work. In 2008 financial crisis, US households lost $8tn. During Covid, most Americans got richer especially the Rich. t.co/nGXd5B3DaQpic.twitter.com/nDlodZAh0J
Households; Corporate Equities and Mutual Fund Shares; Asset, Market Value Levels have expanded by $8.8 trillion in asset value between Q4 2019 and Q1 2021.
The fastest and largest valuation expansion in history. pic.twitter.com/RVjbTYuNKR ....

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Tochigi Ontario Holdings: Canadian Investors Show Confidence in Investment Funds

Tochigi Ontario Holdings: Canadian Investors Show Confidence in Investment Funds
February 15, 2021 23:57 ET
| Source:
Tochigi Ontario Holdings
Tochigi Ontario Holdings
TORONTO, Ontario, CANADA
TORONTO, Feb. 15, 2021 (GLOBE NEWSWIRE) Recently, Tochigi Ontario Holdings has released a research on Canadian Investors Show Confidence in Investment Funds . The finance executives at Tochigi Ontario Holdings said that Canadian investors have stayed the course and are continuing to grow their wealth through investment funds.
Over the last year, we have found our clients continued to show confidence in our investment funds with many of them on target to achieve their financial goals, said Michael Walker, Director of Corporate Equities at Tochigi Ontario Holdings. Although it is advantageous to take a proactive approach and do your own research on investment funds, speaking with one of our experienced wealth m ....

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Monthly Review | The Contagion of Capital

John Bellamy Foster is the editor of
Monthly Review and a professor of sociology at the University of Oregon. R. Jamil Jonna is associate editor for communications and production at
Monthly Review. Brett Clark is associate editor of
Monthly Review and a professor of sociology at the University of Utah.
The authors thank John Mage, Craig Medlen, and Fred Magdoff for their assistance.
The U.S. economy and society at the start of 2021 is more polarized than it has been at any point since the Civil War. The wealthy are awash in a flood of riches, marked by a booming stock market, while the underlying population exists in a state of relative, and in some cases even absolute, misery and decline. The result is two national economies as perceived, respectively, by the top and the bottom of society: one of prosperity, the other of precariousness. At the level of production, economic stagnation is diminishing the life expectations of the vast majority. At the same tim ....

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