Household equity ownership at record high, but past performance shows gains may not follow

From See It Market: 2024-06-23 13:45:12

Households in America are increasing their exposure to equities amid an all-time high stock market in 2024. Ned Davis Research reported stocks as a percent of household financial assets hit nearly 35% at the end of Q1, a new record. However, previous all-time highs in stock ownership have not translated to significant gains over the past 30 months.

Equal-weight index ETFs like RSP and QQEW have only seen modest gains of 3.77% and 5.81% respectively in the past 30 months, raising questions about crowded trades in equities. With household ownership of stocks at an all-time high, the performance of stocks in the next 30 months remains uncertain. A 2-week free trial is being offered by KimbleCharting for interested readers.



Read more at See It Market: Household Ownership of Equities At All-Time High; Should Investors Be Concerned?