Stock proportion of US financial assets hits 48.2%, highest since 1945
- 1The proportion of stocks in US financial assets reached 48.2% in the second quarter, the highest level since 1945.
- 2The scale of stocks held by households is approximately $74 trillion, exceeding the approximately $20 trillion held in bank deposits and money market funds.
- 3The top 10% of households own 88% of all stocks and stock funds.
So what's the key point?
The percentage of stocks within the wealth held by Americans has reached a record high of 48.2%. The top 10% of people own 88% of all stocks.
Source Yahoo Finance · View original ↗
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