Trump Boasts of ‘Record’ Market, But Only the Richest 10% of Americans Own 84% of All Stocks
While Trump likes to boast about the "record" Dow numbers, only the oligarchy, I.e. the richest 10% of Americans, own 84% of all stock. Although the stock market is at an all-time high, Americans owe more, save less, and are poorer than they have been in decades.
What happened to all the little old ladies and the neighborhood investment clubs of the Nineties?