Robert Frank, from the Wall Street Journal's "Wealth Report," writes about how the wealthy are in an economic slump. "According to Chicago-based Spectrum Group, the number of millionaires in the U.S. grew a meager 2% in 2007. That compares with 8% growth in 2006, 11% in 2005 and 21% in 2004."
Read more of this 3.12.08 report.
This 2008 post provides a compelling historical look at how economic shifts impacted high-net-worth growth during that period KPERS Employer login
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