It does when you consider a good chunk of people have 0 at the start... and new people come in but less people "leave" when the market is going up rapidly. Households is not a static pool.
If that doesn't compute... look at the chart in the article. Is it just a strange occurrence that the chart almost perfectly follows the stock market itself? That magical dip in 2008... ?
If that doesn't compute... look at the chart in the article. Is it just a strange occurrence that the chart almost perfectly follows the stock market itself? That magical dip in 2008... ?
This is basic math. The article is bs.