Who Gains from Dow 20,000?
The Dow Jones Industrial Average reached 20,000 points today. Stock values have been rising consistently since Donald Trump was elected.
Some coverage of Dow 20,000 has noted that increases in stock values do not benefit everyone:
But only 52 percent of Americans have money in the stock market, matching the lowest rate in 19 years, according to a Gallup Poll from April. In 2007, according to that same poll, 65 percent reported investing in the market. Based on those Gallup numbers, many Americans lost faith in the market at exactly the wrong time — just as it was staging a powerful comeback.
Looking at the numbers of Americans who own stock does not tell the whole story. To get the complete picture, it is necessary to determine how stock assets are distributed overall.
I used the 2013 Survey of Consumer Finances to calculate the distribution of equity assets broken down by equity deciles.
Author’s calculations of the 2013 Survey of Consumer Finances
The top 10% of equity owners hold 86.8% of all the equity. The next 10% owns 9.5% of all the equity. The rest own basically none of the equity.
The definition of equity I use is explained here and includes directly-held stock, mutual funds, and IRAs, among other ownership instruments.
Who Benefits from Dow 20k?
- Thread starter Tate
- Start date
Who do you think
Yeah it's pretty obvious lol but I thought the graph itself was worth a post
i've been benefiting these past 8 years. 
so unfortunate. should have trusted obeezy. 
so unfortunate. should have trusted obeezy. i've been benefiting these past 8 years.
A lot of that has to do with a loss of discretionary funds with the recession tho.
I did very well the last eight years.
Red Shield
Global Domination
Americans & America benefit from Dow 20,000. What kind of silly question is this?
We need this shyt as a smilely
JahFocus CS
Get It How You Get It
The market will always bounce back as long as capitalism isn't threatened by a workers' revolution.
With that reality in mind, it doesn't make sense to pull all your money out the market just because of a downturn they'll bounce back eventually... can't have a depression forever and if you do, you probably have more pressing concerns to worry about than your wealth growing 
With that reality in mind, it doesn't make sense to pull all your money out the market just because of a downturn
they'll bounce back eventually... can't have a depression forever and if you do, you probably have more pressing concerns to worry about than your wealth growing 
Domingo Halliburton
Handmade in USA
You could argue the Fed's policies have helped grow this inequality by inflating stock markets, but theyve also brought down borrowing costs for millions of americans. Is there a trade off or break even point? I dont know.