The Wall Street Journal, Aug. 30, 2019, by Danny Dougherty and Maureen Linke.

The decadelong economic expansion has showered the U.S. with staggering new wealth driven by a booming stock market and rising house prices. [……]

But that windfall has passed by many Americans. The bottom half of all U.S. households, as measured by wealth, have only recently regained the wealth lost in the 2007-2009 recession and still have 32% less wealth, adjusted for inflation, than in 2003, according to recent Federal Reserve figures. The top 1% of households have more than twice as much as they did in 2003. [……]

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