via WSJ:
Pandemic, zero-commission trading ‘created a whole generation of investors’
About 58% of U.S. households owned stocks in 2022, according to the Federal Reserve’s survey of consumer finances released this fall. That is up from 53% in 2019 and marks the highest household stock-ownership rate recorded in the triennial survey. The cohort includes families holding individual shares directly and those owning stocks indirectly through funds, retirement accounts or other managed accounts.
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The U.S. now has the highest expectation gap in the world.
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