Federal Reserve Says American Household Wealth Has Rebounded

The video discusses the recent record highs in the stock market and how these gains have helped household wealth recover from a previous plunge. However, it highlights that most of these gains benefited affluent households, while many others continue to face high unemployment rates.

What does the Fed say about the gains in the stock market?

How did household wealth respond to the plunge in March?

Who primarily benefited from the gains in household wealth?

What remains a significant issue for many households despite the gains?

What is the current state of unemployment as mentioned in the text?