President Donald Trump regularly promotes the soaring stock market as a barometer of the economy's health. But the wealthiest 1 percent of Americans own 50 percent of the value of stocks held by individual households — and investors aren’t sharing the wealth.
's Victoria Guida explains how this gap is fueling an increasingly lopsided economic recovery.
vtg2 Take note low income workers......the majority of people
vtg2 investors are constitutionally averse to buying into a troubled situation.
vtg2 Maybe news to you... But, most retirement accounts,, aka the ones you need to have, are based on the stock market in some form.. When the market goes up, people retire better,earlier and faster. StockmanBad
vtg2 This says more about our past administration's than about Trump. I mean if we are talking real economics here
vtg2 A majority of Americans now have 401K's. We are ALL investors. Politico, you can do better reporting than this. Please send the reporter on this story back for a refresher on journalism 101. Report on data , not opinion!
vtg2 And how the 1% take everyone else money when the stock market crashes and they buy everything up at the bottom. 401ks benefit the 1% more than those who use them as a retirement plan. Just another way to transfer wealth on the cheap.
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Source: CNBC - 🏆 12. / 72 Read more »
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