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U.S. Household Stock Allocation Hits Record 48.2%, Surpassing Dot-Com Bubble Peak

Source
JH Kim

Summary

  • It said stocks accounted for a record 48.2% of U.S. household financial assets.
  • It said the figure exceeded the level seen during the 2000 dot-com bubble.
  • It said this means the share of assets linked to the stock market in household financial assets has increased from the past.

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Stocks accounted for a record 48.2% of U.S. households' financial assets, exceeding the level reached during the 2000 dot-com bubble.

Cointelegraph, a media outlet specializing in digital assets, reported on October 27 that equities made up 48.2% of U.S. household financial assets, the highest level on record.

That surpasses the stock allocation seen during the 2000 dot-com bubble, when technology shares soared.

The higher share indicates that a larger portion of household financial assets is now linked to the stock market than in the past.

Photo: Shutterstock
Photo: Shutterstock
#Bubble
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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