The top 10% of U.S. households hold 87% of all stocks, nearly 85% of private businesses, and 44% of real estate assets, per Ritholtz.
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The top 10% of U.S. households hold 87% of all stocks, nearly 85% of private businesses, and 44% of real estate assets, per Ritholtz.
The top 10% now accounts for roughly 50% of all consumer spending in the U.S.—a dramatic shift from decades past when their share was far lower.
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