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New report finds wealthiest 10% of Americans own majority of U.S. stocks

A new report from CNBC reveals that the wealthiest 10% of Americans now own the majority of U.S. stocks — a staggering 89%.

The report signals the latest addition in how the wealthy have grown richer during the pandemic and highlights the continued inequality in the stock market.

Here & Now‘s Tonya Mosley gets the latest with Roben Farzad, host of public radio’s “Full Disclosure.”

This article was originally published on WBUR.org.

Copyright 2021 NPR. To see more, visit https://www.npr.org.