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Original title: The gap between the rich and the poor in the United States continues to increase, 10% of the population owns 89% of stocks and funds Source: CCTV News Client
original title:
According to a report by the US Consumer News and Business Channel on October 18, local time, the Fed’s latest data shows that the 10% richest people in the US now own 89% of US stocks and funds. The data hit a record high, highlighting the inequality in the distribution of wealth in the United States.
According to the latest data from the Federal Reserve, at present, the total wealth of the richest 1% of the United States has exceeded 32% of the total wealth of the United States. Among them, nearly 70% of their wealth growth comes from stocks and funds, which have increased their wealth in stocks and funds. Over 6.5 trillion U.S. dollars, while other Americans totaled an increase of 1.2 trillion U.S. dollars. It is reported that U.S. stocks and funds have risen by nearly 40% since January 2020, becoming the main source of wealth created by Americans during the new crown epidemic, and also causing inequality in the distribution of wealth in the United States. According to data from the Federal Reserve, between January 2020 and June 2021, the value of stocks and funds of the wealthiest 10% of the United States increased by 43%, while the value of stocks and funds of the remaining Americans rose by only 33%. (CCTV reporter Xu Tao)
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