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The Bob Cesca Podcast: Tiny Trump Gets Tinier

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lawhawk11/06/2019 7:59:59 am PST

re: #319 Eclectic Cyborg

And thousands of us who don’t have stocks say: WHAT MONEY?

Roughly half of all Americans don’t have any money in the stock market - whether it’s stocks, ETFs, mutual funds, or via their 401(k) or Keogh plans. And roughly the richest 10% of households controlled 84% of the total value of these stocks in 2016.

The profits are concentrated in a handful, while the majority see no benefit from the market.