"The widening gap between the wealthy and the rest of America during the recovery can largely be explained in one word: stocks.
According to recent data from the
Federal Reserve, America has the lowest level of stock ownership in 18 years. Yet stock ownership for the wealthy is at a new high—and that has accounted for most of their good fortune compared to the rest of America."
And
"Stock ownership is even more concentrated when it comes to share of total stock holdings.
In 2010, the latest period available, the top 10 percent of Americans by net worth held 81 percent of all directly held or indirectly held stocks, according to Edward N. Wolff, an economics professor at New York University who specializes in inequality and Federal Reserve data."
Stock gap: American stock holdings at 18-year low