Wealth Held by the Top 1%
WFRBST01112Wealth held by the top 1% of U.S. households. Growing concentration correlates with rising asset prices. When markets sell off sharply, the top 1% absorbs a disproportionate share of paper losses.
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Series IDWFRBST01112
FrequencyQuarterly
UnitsBillions of Dollars
SourceFRED / St. Louis Fed
Observations0
Related — Wealth & Income Distribution
SOURCE: FEDERAL RESERVE ECONOMIC DATA (FRED) · 0 OBSERVATIONS