Even including stocks owned through retirement and pension funds, 84% of stocks are owned by the wealthiest 10% of Americans, and roughly half of all households have exactly $0 invested in the market.
Saying that Uncle Scrooge and his buddies own all the stocks is not much worse than implying that normal people own a significant share of the market through their retirement accounts.
Saying that Uncle Scrooge and his buddies own all the stocks is not much worse than implying that normal people own a significant share of the market through their retirement accounts.