Our forthcoming book is The Comeback: The 2024 Elections and American Politics. The second Trump administration is off to an ominous start. His irrational trade policies are crashing the stock market.
Gallup finds 61% of Americans reporting that they own stock, based on its April Economy and Personal Finance survey. This is up from the 56% measured in 2021 and 55% measured in 2020, and is the highest it has been since 2008.
Stock ownership averaged 62% between 2001 and 2008 -- but it fell after the 2007-2009 recession and remained at a reduced level until this year.
