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2 years ago

The wealthiest 10% of Americans own a record 89% of all U.S. stocks

Francisco Lopez · The wealthiest 10% of Americans own a record 89% of all U.S. stocks · The top 1% gained over $6.5 trillion in corporate equities and mutual fund wealth during the pandemic, according to the latest data from the Federal Reserve. · https://www.cnbc.com/2021/10/18/the-wealthiest-10 ...

3 years ago

An Update on the Markets | Bob Klein of Medici Capital

Bob Klein · The stock market is stumbling higher struggling with heavy new supply of stock from stock sales by insiders and from new stock offerings by companies.  Executives are rushing to sell to take advantage of the very elevated valuations.  Sales of stock by insiders has never been hig ...

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