Wednesday, March 24, 2010

Americans Say They Missed 73% Rise in S&P 500 as Economy Surged

By an almost 2-to-1 margin Americans believe the economy has worsened rather than improved during the past year, according to a Bloomberg National Poll conducted March 19-22. Among those who own stocks, bonds or mutual funds, only three of 10 people say the value of their portfolio has risen since a year ago.

This is because most Americans pay the bills with money from jobs rather than the paper illusion.

Source: bloomberg.com

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