Subject: Any stock tips from the shoe shiner?
https://finance.yahoo.com/news...
Americans have more money in stocks than ever before. But while the market’s climb may be inflating their accounts, they are more exposed than ever to a potential market slump.
Direct and indirect stock holdings, including in mutual funds or retirement plans, accounted for an all-time high of 45% of households’ financial assets in the second quarter, according to Federal Reserve data.
The record-high stock ownership raises red flags about whether a market downturn could hit Americans’ personal finances — especially in an economy with an increasingly fragile labor market and stubborn inflation.