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International Business Times
International Business Times
Business
Matias Civita

Stock Market Boom Is Making America's Wealth Gap Wider, Economist Warns

(Credit: Pexels)

A soaring U.S. stock market has helped drive household wealth to new heights, but the gains are overwhelmingly benefiting the country's wealthiest.

According to a recent analysis conducted by RSM Chief Economist Joe Brusuelas and highlighted by Axios, rising stock prices are making the rich significantly richer while providing only limited benefits to the broader economy.

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