Top 1% of Americans now hold 56% of all equities.pic.twitter.com/sHsyo3awVQ
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Interestingly, equity ownership by wealthy Americans has historically been pro-cyclical, while for the bottom 90% it’s been countercyclical.pic.twitter.com/9pIE16rSaw
The equity allocations of wealthy Americans is also near a record...pic.twitter.com/l7QjUmoedv
Can I ask where these charts came from?
Goldman Sachs, based on Federal Reserve data.
Bought and also have been awarded by the other board of directors club members.
My prediction is that in the end, the 99% will end up eating the 1%. 
Every year it is not the same individuals in the top 1%. Summing up what the 1% did every year since 1990 wrt stocks and viceversa for other brackets is uninformative, because the composition of that group changes every year! Resulting totals are worse than useless
Who will the 1% sell to?
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