Millions of Americans can’t feel the stock market boom (article from CNN Money)

54% Americans have money invested in the market vs 65% before the Great Recession. 89% of those who make $100K/year own stocks. Richest 20% of Americans owned 92% of all stocks in 2013.

This article concludes that the persistent risk aversion and skepticism generated by the Great Recession has dampened the type of euphoria preceding prior bubbles in the market. The article insinuates that because of these skeptics, this is a different market today with less risk of a calamitous bursting of a bubble. Agree or disagree?

Submitted August 09, 2017 at 12:53PM by supernova2020


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