Trump says 'everybody's profiting' from recent market rallies — but it’s mostly the 1%

According to CNBC, President Trump recently claimed that everyone is profiting from the stock market's recent surge. But the data tells a different story. A significant share of U.S. households have no exposure to equities and haven't benefited from this bull market. That means while stocks are climbing, most wealth gains are concentrating among the richest Americans, particularly the top one percent.

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