The rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10%
The rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10%
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One thing the article doesn’t make super clear to me is if that figure includes investment funds and whatnot, and to what degree. It sounds like it might but elaborated very little beyond a vague statistic.
It is extremely vague, because the top 10% of Americans in net worth are those who have over about $850,000.
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