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   Blair Fix (blair_fix@mastodon.online)'s status on Wednesday, 01-Nov-2023 01:05:09 JST Blair Fix

   When it comes to the stock market, who benefits?

   Surprisingly few people, it turns out.

   Here is the correlation between income share and the stock-market-to-gdp ratio for every US income percentile.

   For a shocking 87% of people, a rising stock market comes with a *declining* share of income.

   https://economicsfromthetopdown.com/2023/10/28/when-stocks-go-up-who-benefits/