The richest 1 percent of Americans now own 56 percent of all shares of stock. The richest 10 percent own 90 percent of all shares of stock. The bottom half of America owns less than 1 percent. Think about that when Trump crows about the stock market.pic.twitter.com/t62jQHRMTr
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I do sir all the time. When he crows it’s certainly not going us he’s calling. That’s for sure.
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It's almost like he gave a trillion dollar tax cut to the people who could already play the stock market, and then claimed victory when the stock market did well...
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I always do. Since like a lot of middle class retirees $ in high yield savings which get a punch every time it happens
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Well it’s just an economic cycle but why do it matter is the top 1% owns more shares in the stock market than the bottom 50%?
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I love stock
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I suspect that the vast majority of the 90% who own 10% of all shares of stock hold them in retirement accounts, so that any capital gains they earn will be taxed at ordinary income rates upon withdrawal.
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You got the numbers flipped around. It’s the richest 10% that own 90% of all stocks.
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