Wealth concentration hitting new extremes: America's wealthiest 10% now control nearly 90% of equity markets. Even more striking? This same group drives about half of total consumer spending. The implications for market dynamics and economic policy are hard to ignore.
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DeepRabbitHole
· 11-28 11:32
It's really ridiculous that wealth is concentrated to this extent... 90% of the stock market is controlled by 10% of the people, how can you even play with that?
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DogeBachelor
· 11-28 02:47
90% of the stocks are controlled by 10% of the people, and that's not even the craziest part... What's really amazing is that these people can still support half of the consumption? I just want to ask, how do the remaining 90% of people survive?
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SeasonedInvestor
· 11-27 15:57
Another trap like this? 90% of the stock market is played for suckers by the top 10%, and consumption is also dominated by them. To put it simply, we retail investors are just here to be played.
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BlockchainWorker
· 11-25 22:11
90% of the stock market is monopolized by the rich? That's why we retail investors are always under the gambling table, haha.
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VCsSuckMyLiquidity
· 11-25 22:09
90% of the stocks are held in the hands of 10% of the people, isn't this exactly the trap we've been talking about... It should have been clear by now.
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AirdropFatigue
· 11-25 22:08
The wealth gap is truly astonishing, with 90% of the stock market controlled by the top 10%, which also drives half of the consumption... We retail investors are really just here to tag along.
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RegenRestorer
· 11-25 22:05
With such a huge wealth gap, what can the retail investors at the bottom do? The rules of the game have long been written.
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ApeShotFirst
· 11-25 22:02
90%?? Damn, is that number real? The little bit of hard-earned money I have can't even buy me soup.
Wealth concentration hitting new extremes: America's wealthiest 10% now control nearly 90% of equity markets. Even more striking? This same group drives about half of total consumer spending. The implications for market dynamics and economic policy are hard to ignore.