Wealth concentration in the US continues to intensify, with the top 10% now owning 87% of stocks and controlling 50% of consumer spending. High-income households have increased their spending by 12% in 2023-2024, while working and middle-class spending declined, highlighting growing economic disparities.
https://awealthofcommonsense.com/2025/02/the-top-10/
#wealthinequality #economics #consumerspending #assetownership #marketconcentration