has take an hit. we have the new numbers from the federal reserve. >> americans households net worth in the july to september quarter dropped 4%. that is its sharpest drop since that rocky period we went through after the september 2008 bankruptcy of lehman brothers. so what we saw are essentially during this quarter were stocks, pension funds, they all lost value. the s&p 500 during that period, chris, tumbled about 14%. corporations, however, not quite the same story. in fact, they raised their cash stockpiles to record levels, $2.1 trillion at the end of september. the problem is though it's a vicious circle. lower net worth at the home front can obviously hurt the economy. when people feel poorer, they spend less, and then businesses typically cut back on hiring and expansi expansion. as i said, it is a vicious cycle. >> well, some new jobs created in new york city. huge apple store opening up. >> yeah, in the famed grand