The top 10% of richest Americans own 87% of stocks. The top 1% alone own roughly half of all stocks. It's worth pointing out once again: the stock market is not the economy.
US stock market hits record highs as AI profits pile and oil prices ease
S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months ago
theguardian.com