the extent we believe that housing prices have been supported that would affect broad middle class and not the wealthy were for the top 10% of the income distribution, housing represents only 10% of the wealth portfolio compared to the broad middle class but it is the main financial asset. the more direct impact of quantitative easing on household that we look at in a report is on interest earnings and interest payments. subject of a direct effect. we don t even need to go to the one in anyone with the debt has a lower debt service ratio. for u.s. households you see that today s debt service ratio which includes the cost of interest payments and smaller principal payments is not at a level lasting into the early 1990s 20 years ago. .. had my people under the age of 60 or have benefited because they have more debt and it s almost a linear effect. households under age 35 on average and $1500 per year to almost 3% of disposable income. it grew 35 to 44 benefit in $1700, 2% of in
welcome, everybody. i m tyler mathisen. little oscar joke. too soon, perhaps you? can see a lack of direction for your money. dow down 13 points right now. right now the dow, not doing a whole lot. even if we fall today, this has been the dow s longest win streak since all the way back in 19d 87. of course, all eyes will be on the president s big speech tomorrow night. melissa? i m melissa lee. busy monday at the white house. the president making his first budget proposal, talking with ceos of a number of health care companies. eamon javers is there. eamon? reporter: obamacare, which he calls a failure, disaster and teeing up his own plan to replace obamacare later this year. he s meeting with health care ceos at the white house this morning. here is what the president said in teeing up his criticism of the obamacare act. we must work together to save americans from obamacare. you people know that. everyone knows that at this point, to create more competition and to bri