The top 1% of U.S. households hold 15 times more wealth than the bottom 50% combined
A critical factor in the explosion of wealth among a particular segment of the U.S. population has been access and exposure to the stock market.
The Fed estimates that the wealthiest 10% of Americans hold more than 88% of all available equity in corporations and mutual fund shares .The numbers have been trending in this direction for a long time. The data provided by the Federal Reserve tracks back to 1989, and it shows that over the past three decades, the top 10% of U.S. households have seen their wealth rise by almost ten percentage points , while the total wealth controlled by the bottom 50% has been cut nearly in half .
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