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How is it that the article says 100% of _all_ the U.S. stocks are owned by Americans? Aren’t foreigners able to own U.S. stocks? Investopedia says they can. ht
by ggregoire 5y ago
How is it that the article says 100% of _all_ the U.S. stocks are owned by Americans? Aren’t foreigners able to own U.S. stocks? Investopedia says they can.
https://www.investopedia.com/ask/answers/05/foreignownershipusstocks.asp https://www.investopedia.com/ask/answers/05/foreignownership...
- ipnon 5y agoOne example: Chinese stocks oftentimes can't be owned by foreigners. The workaround is to start an offshore company that pegs its share price to the price of the onshore asset. Many Chinese stocks on Robinhood use this model, like Alibaba.
- amin 5y agoCan confirm. I'm not American but most my stock holdings are.
- tim333 5y agoThey must mean of stocks owned by Americans. I'm guessing they are only talking stocks owned directly and not the ones held by your pension fund?
- dsizzle 5y agoBased on one of the links within that article https://www.cnbc.com/2021/10/01/stocks-are-at-a-70-year-high-as-a-share-of-household-financial-wealth.html https://www.cnbc.com/2021/10/01/stocks-are-at-a-70-year-high... I think that by "U.S. stocks" they mean "stocks held by U.S. households", but I'm not 100% sure and I agree that's confusingly worded.