Why the Wealthiest Benefit Most From Dow 14,000
February 01, 2013 at 11:18 AM EST
The wealthiest five percent of Americans own 82 percent of all directly owned, publicly traded stocks in the United States, while wealth for most families comes from their homes and jobs, which have not not recovered as quickly or as strongly as stocks. As a result, the gains from the recent stock market surge will go almost entirely into the hands of the rich.