

The wealthiest Americans have never owned so much of the stock market, with the top 10% now holding a record 93% of US equities, according to Federal Reserve data.
Americans broadly have been participating in the stock market at a higher rate, with a record 58% of households owning stocks in 2023, according to the Fed’s Survey of Consumer Finances.
Still, stock ownership is skewed toward the top: by comparison, the bottom 50% of Americans owned just 1% of all stocks and mutual fund shares in the third quarter, central bank data shows.
From 2 years ago, but I can’t imagine the situation has changed for the better since then.














Much of what? the 7% of stocks owned by 90% of Americans? I think at some point the richest 10% don’t need their money to be in retirement funds anymore.