☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 6 months ago

The top 10% now own 93% of all stocks while the bottom 50% owns 1%. The stock market is a meaningless measure of the economy.

finance.yahoo.com

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The top 10% now own 93% of all stocks while the bottom 50% owns 1%. The stock market is a meaningless measure of the economy.

finance.yahoo.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 6 months ago

7

The wealthiest 10% of Americans own 93% of stocks even with market participation at a record high

finance.yahoo.com

America's richest have never owned so much of the country's stock market, according to Federal Reserve data.

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☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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6 months ago
Don’t think it does, roughly half the population still has some retirement savings according to this https://usafacts.org/data-projects/retirement-savings