Goldman Sachs financial reports or similar financial analysis reports

US Households' Stock Market Investments Hit All-Time High at 49% in October

Nov 9, 2024, 08:15 AM

US households have reached an all-time high in stock market investments, with 48% of their financial assets allocated to equities as of October 15, according to Goldman Sachs. This figure equals the previous peak set around the turn of the century. The median value of consumers' stock market investments continued to soar in November, hitting new records per UMich data. The demand for equities has typically been strongest during periods of solid economic growth, and the current allocation surpasses levels seen during the Dot-Com Bubble. Americans' stock exposure reached 49% in October, doubling in the last 15 years.