Subject: Americans R Vulnerable to Iran War Volitility
https://finance.yahoo.com/news...
Americans poured more of their wealth into the stock market in recent years — a positive force that left investors feeling rich when stocks were hitting all-time highs.
But as the war in Iran rattles markets, it risks leaving everyday investors exposed to a pullback.
In a note to clients, UBS said wealth in equities now accounts for nearly 40% of US household net worth, about double the roughly 10%-20% share that prevailed during the oil price shocks of the 1990s.
Uniquely Vulnerable
Just rubbish.
https://markets.businessinside...
The wealthiest Americans have never owned so much of the stock market, with the top 10% now holding a record 93% of US equities, according to Federal Reserve data.
https://www.fool.com/retiremen...*1babrsp*_gcl_au*MTU2MTM2NjE3Ny4xNzc1NjU1Njc4*_ga*MzA0MDcwMzAzLjE3NzU2NTU2ODI.*_ga_B6G4KMLCV0*czE3NzU2NTU2ODIkbzEkZzEkdDE3NzU2NTczMzIkajIwJGwxJGg5MjU5NTQ4MDk.
Based on this data from the Federal Reserve, the top 10% of American households had a net worth of at least $1,936,900
The top 10% will be fine regardless.
What the Iran War may provide is a buying opportunity for the top 10%.