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Wall Street, we have a problem. (lemmy.world)

submitted 2 days ago by Loduz_247@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] driving_crooner@lemmy.eco.br 8 points 2 days ago (2 children)

How much of retirement accounts represent in % for the overall stock market?

[–] SupahRevs@lemmy.world 6 points 2 days ago

Assuming that all of the equities held by the bottom 99% are invested in retirement accounts, it would be 50.1% of the market. [https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#quarter:140;series:Corporate%20equities%20and%20mutual%20fund%20shares;demographic:networth;population:all;units:shares]

[–] suite403@lemmy.world 15 points 2 days ago

Not much, but the peecent of people who have their money in stocks for retirement is high.