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 The Federal Reserve says the net value of U.S. households is falling to the lowest levels since the Great Recession.  The economists released data showing that the sharp stock market fall at the end of the fourth quarter hurt U.S. households.  The net worth of all homes, stocks and bank accounts fell by three-point-seven trillion dollars in the final quarter of 2018.  That’s a three-point-five percent decline.  Since 1952, there have been only three other quarters that saw bigger declines.  Two were at the end of 2008, when the Great Recession began.  The other was the second quarter of 1962.  Most Americans may not feel like they are worth less because the stock market has since recovered.

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