US Stock Markets bring happiness factor to Americans

Huffington Post reports that Americans are happy, thank you very much, as the country’s famously strong  Stock Markets increased their wealth by more than $2.1 trillion in 2010 despite the country’s woes of high unemployment and a jittery real estate market caused by the global financial crisis. As a result, the beginning of 2011 saw the net worth of Americans increase by 3.8% from 2009 to $56.8 trillion according to new figures from the US Federal Reserve.

Greg Daco of IHS Global Insight commented: “The stock market is performing very well, it rebounded in the third quarter (of 2010) …. as result, there’s been a big gain in assets for households”.

[USA Financial News Contributor]


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