The American economy remains strong, with the S&P 500 ($SPX) enjoying its best month since last October, and the Nasdaq ($NASX) having the best year-to-date in 40 years. And today's June jobs report released by the United States Census Bureau showed an increase of 209,000 non-farm jobs. And the unemployment rate is just 3.6%, which is remarkably low.
However, despite the strong overall state of the economy, wealthy Americans may feel as if they're in a recession.
