With U.S stock values setting record highs this year, but also experiencing significant volatility, it is fair to ask what percentage of Americans are personally exposed to the market's financial risks and windfalls.
Gallup found 55% of Americans reporting they own stock in April 2019, similar to the average of 54% Gallup has measured since 2010. This is based on a question asking respondents about any individual stocks they may own, as well as stocks included in mutual funds or retirement savings accounts, like a 401(k) or IRA.
Stock ownership was more common from 2001 to 2008 when an average 62% of U.S. adults said they own stock, but this fell toward the end of the 2007-2009 recession and has not fully rebounded.
Bessette/Pitney’s AMERICAN GOVERNMENT AND POLITICS: DELIBERATION, DEMOCRACY AND CITIZENSHIP reviews the idea of "deliberative democracy." Building on the book, this blog offers insights, analysis, and facts about recent events.
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Friday, September 13, 2019
Stock Ownership 2019
Lydia Saad at Gallup:
Labels:
business,
economic policy,
government,
politics,
public opinion