America’s super-wealthy own more stocks, leaving everyone else behind

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Goldman Sachs says stock ownership among the 1% and 0.1% has risen, as the gap between rich and poor has widened.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

michaelbatnick per Goldman Sachs Global Investment Research.

Wealth doesn't stand still. People make money and many lose money.. For example, a handsome prison inmate is discovered on the internet. Upon release, he is offered modelling contracts which quickly bring his income into the millions.

So? This doesn’t say anything about the lowest 50% or the median. Articles like this are based purely on envy.

This explains the rise in populism.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

When the market falls and people feel less wealthy, this stock gets hit hardA tumbling market can hurt many stocks, but Sotheby's is one name that usually feels a lot of pain.
Source: CNBC - 🏆 12. / 72 Read more »