The Perils of Our Lopsided Income Growth
The Fed's latest U.S. consumer finance report showed decent income growth overall--but not across the board.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. The Federal Reserve recently released its every-three-year report on consumer finance. I'm here with Bob Johnson--he is our director of economic analysis--to walk through this report.
Bob, thanks for joining me.