It's because the report it's based on [1] was split into only 4 categories: white, black, hispanic, and 'other'. Why they took such a coarse approach, I don't k

It's because the report it's based on [1] was split into only 4 categories: white, black, hispanic, and 'other'. Why they took such a coarse approach, I don't know. I guess the article could have interviewed some Asians, but chose not to (I assume - I skimmed/skipped the interviews). Ignoring Asians when talking about people of color is the usual media M.O. [1] https://www.federalreserve.gov/econres/notes/feds-notes/recent-trends-in-wealth-holding-by-race-and-ethnicity-evidence-from-the-survey-of-consumer-finances-20170927.htm https://www.federalreserve.gov/econres/notes/feds-notes/rece...