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Asset Values Surged during the K-Shaped Recovery

Author

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  • Lowell R. Ricketts

Abstract

Average wealth rebounded sharply for Black, white and Hispanic families in the aftermath of the COVID-19 recession. But the gains in asset values varied greatly among these families.

Suggested Citation

  • Lowell R. Ricketts, 2021. "Asset Values Surged during the K-Shaped Recovery," On the Economy 94022, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:94022
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    File URL: https://www.stlouisfed.org/on-the-economy/2021/august/asset-values-surged-k-shaped-recovery
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