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The Biggest Owner Of US Stocks Has Never Been So Long

Tyler Durden's Photo
by Tyler Durden
Authored...

Authored by Simon White, Bloomber macro strategist,

The latest Federal Flow of Funds data for the third quarter was released Thursday and shows that US households are now as long equities as they ever have been, with data going back to the 1940s. 

This is another indication of the zeal for US stocks, and points to poor long-term returns.

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