The remarkably prosperous American economy, and particularly the continuing rapid gains in major stock market indexes, have focused attention on the wealth of households. To what extent have the gains in stocks and in the value of other assets been unequally shared? Has the average household experienced significant gains? Two of the leading research scholars on wealth trends, John C. Weicher and Edward N. Wolff, place strikingly different interpretations on what the evidence shows about the level and distribution of wealth. Initial comments on their presentations by Arthur B. Kennickell will be followed by questions and general discussion.