New report finds wealthiest 10% of Americans own majority of U.S. stocks
A new report from CNBC reveals that the wealthiest 10% of Americans now own the majority of U.S. stocks — a staggering 89%.
The report signals the latest addition in how the wealthy have grown richer during the pandemic and highlights the continued inequality in the stock market.
Here & Now‘s Tonya Mosley gets the latest with Roben Farzad, host of public radio’s “Full Disclosure.”
This article was originally published on WBUR.org.
Copyright 2021 NPR. To see more, visit https://www.npr.org.