this post was submitted on 27 May 2024
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United States | News & Politics

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The top 10% now own 93% of all stocks while the bottom 50% owns 1%. The stock market is a meaningless measure of the economy. (finance.yahoo.com)
submitted 5 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[–] yogthos@lemmy.ml 3 points 5 months ago

Don't think it does, roughly half the population still has some retirement savings according to this https://usafacts.org/data-projects/retirement-savings