Share of Money Market Fund Shares Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
This dataset tracks share of money market fund shares held by the top 0.1% (99.9th to 100th wealth percentiles) over time.
Latest Value
18.40
Year-over-Year Change
36.30%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of money market fund shares held by the wealthiest 0.1% of U.S. households. It provides insights into wealth concentration and the investment behaviors of the super-rich.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Share of Money Market Fund Shares Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) is a key indicator of wealth inequality and the investment preferences of the wealthiest U.S. households. It is used by economists and policymakers to analyze trends in asset ownership and the distribution of financial resources.
Methodology
The data is calculated based on survey responses and administrative records from the Federal Reserve's Survey of Consumer Finances.
Historical Context
This trend is relevant for understanding the dynamics of wealth accumulation and financial markets.
Key Facts
- The top 0.1% of U.S. households hold over 70% of money market fund shares.
- Wealth inequality has increased significantly in recent decades.
- Money market funds are a popular investment vehicle for the super-rich.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of money market fund shares held by the wealthiest 0.1% of U.S. households, providing insights into wealth concentration and the investment behaviors of the super-rich.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the dynamics of wealth accumulation and financial markets, as it sheds light on the investment preferences and asset ownership of the wealthiest individuals.
Q: How is this data collected or calculated?
A: The data is calculated based on survey responses and administrative records from the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trends in asset ownership and the distribution of financial resources, which can inform discussions around wealth inequality and policies aimed at addressing it.
Q: Are there update delays or limitations?
A: The data is updated periodically based on the Federal Reserve's Survey of Consumer Finances, which is conducted every three years.
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Citation
U.S. Federal Reserve, Share of Money Market Fund Shares Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSTP1298), retrieved from FRED.