Fed Z.1 Data: Equities Hit Record 39.9% of US Household Net Worth
- —Equities reached a record 39.9% of US household net worth
- —Data comes from the Fed's quarterly Z.1 Financial Accounts report
- —Figure includes both direct and indirect stock holdings
Why it matters: Record equity concentration leaves US households highly exposed to a stock market drawdown, strengthening bitcoin's appeal as a hedge.
Source: Coinotag