Black Americans are the fastest-growing group of stock buyers, with young Black investors fueling the surge. Nearly 40% of Black Americans owned stocks in 2022, upfrom just under one-third in2016, according to the most recent Federal Reserve data. During that same period, the share of white households with stocks grew to nearly two-thirds, up from 61%.
The Wall Street Journal:Stocks’Fastest-Growing Sector Black Investors.pdf-size5.03MB