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The gap in how much stock different sectors of society owns has widened since the financial crisis, leaving wealthier people owning more stock than everyone else, per a Gallup analysis.

Expand chart
Data: Gallup; Note: Personal ownership or with spouse, includes individual stock, market fund, 401(k) and IRA; Chart: Andrew Witherspoon / Axios

What the analysis shows: Every income bracket has fewer people invested in the stock market after the crisis — except for those households with incomes above $100,000, which actually increased their stock investments. Adults older than 65 also upped their investments.

What it means: Wealthier households have been benefitting from the recovery and upward trends in the stock market while middle income households aren't since they haven't been buying in to the stock market.

Why it matters: This indicates wealth inequality may be alive and well, and shows that the financial crisis may have "fundamentally changed" how middle income households view stocks as an investment, as Gallup's Jeffrey M. Jones put it.

Go deeper

In photos: D.C. and U.S. states on alert for pre-inauguration violence

National Guard troops stand behind security fencing with the dome of the U.S. Capitol Building behind them, on Jan. 16. Photo: Kent Nishimura / Los Angeles Times via Getty Images

Security has been stepped up in Washington, D.C., and state capitols across the U.S. as authorities brace for potential violence this weekend.

Driving the news: Following the Jan. 6 insurrection at the U.S. Capitol by some supporters of President Trump, the FBI has said there could be armed protests in D.C. and in all 50 state capitols in the run-up to President-elect Joe Biden's inauguration Wednesday.

The new Washington

Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

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