More Americans than ever are invested in the stock market. Data from the Federal Reserve's Survey of Consumer Finances shows that 53% of all US families owned publicly traded stock in some form in 2019. That is up from 32% in 1989. The median stock value held among households in the market was $40,000.
The past year has brought ups and downs to the stock market — from the initial fallout of the pandemic to the recent rise of GameStop shares. But who did that affect? How has stock ownership changed, and who owns most of the stock market now?
