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by npmaile 1993 days ago
Much of that stock market wealth is tied up in the retirement accounts of people who are about to retire or are retired. A large portion of it is the elites without a doubt, but much of it is just people who've been contributing to a 401k for the last 50 years. Obviously they should both be in the upper percentages of income/wealth as well as own much of the stock market. They've been contributing for years and years.