August 08, 2013

"Too few Japanese own stocks" - William Pesek

"Too few Japanese own stocks, and for those who do, holdings tend to be too small to drive spending. About 40 per cent of stocks are owned by the richest 20 per cent of the population; two-thirds of stockholders are older than 60."




Source: Japan market's wild ride might just be beginning 
June 1, 2013, William Pesek, The Age 


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