Third Quarter 2023 Insights and Observations
Submitted by Corrigan Financial, Inc on January 4th, 2024In its triannual survey, the Federal Reserve reported 58% of U.S. households owned stocks in 2022. (Note that stock ownership includes exposure through shares held directly, as well as those owned indirectly through funds, retirement accounts and other managed platforms.) The study’s results were significantly higher than the 53% ownership level recorded in the 2019 review. It also marks the highest level of stock-ownership by U.S. households ever documented by the survey.