Yes, and this is good. The American stock market going up benefits 10% of the US population.
The US has the highest share of revenue going to owners than it ever has in history. We've left behind the Gilded Age.
https://libertystreeteconomics.newyorkfed.org/2026/06/the-po...
Where are you getting this 10% number? 54.3% of US households held a retirement account in 2022. https://www.federalreserve.gov/publications/files/scf23.pdf