4 ms·

> It's just a bunch of rich people in the end. The election is over. You can stop peddling bs. Thus far in 2020, Gallup finds 55% of Americans reporting that

> It's just a bunch of rich people in the end. The election is over. You can stop peddling bs. Thus far in 2020, Gallup finds 55% of Americans reporting that they own stock, based on polls conducted in March and April. This is identical to the average 55% recorded in 2019 and similar to the average of 54% Gallup has measured since 2010.

jason0597 6y ago
55% of Americans may report that they own stock, but the top 10% own 88% of all stocks https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#quarter:122;series:Corporate%20equities%20and%20mutual%20fund%20shares;demographic:networth;population:all;units:shares https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...
- 1337biz 6y ago
  What kind of an argument is that? Just because somebody owns more stocks than you do doesn't make their price development less relevant to you.
- milosdog 6y ago
  what's your point? owning .0001% of something is still owning something
frockington1 6y ago
It is probably much higher as well. Many people probably do not know that their retirement plans are invested in the stock market