Young Black Americans Embrace the Stock Market

Young Black Americans are among the many fastest-growing segments of stock-market buyers.

Nearly 40% of Black Americans owned shares in 2022, up from slightly below a 3rd in 2016, in response to the latest Federal Reserve knowledge. During that very same interval the share of white households with shares grew to just about two-thirds, up from 61%. This was all earlier than the inventory market’s 2023 rally.