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U.S. households’ stock-to-asset ratio is at an all-time high

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Americans
holding record shares of their assets in
equities
US households’ aggregate financial asset allocation
5096
Equlty
4055
305e
2096
Debt
Cash
109c
U9r
Ig6O
1970
1980
Iggo
2000
201D
2020
(oldmanl
Source: Federal Reserve Goldman Sachs Research
AS OF Octcber 15, 2024
fachs
are

It is said to have surpassed not only the time before the great crash the year before last, but also just before the dot-com bubble burst.

How far will this rise end?

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