Goldman Sachs data: US household to institutional stock allocation ratio hits historic high

Goldman Sachs data shows that the stock allocation of American families, pension funds, insurance institutions and investment funds has reached a record high of 65%, about 31 percentage points higher than the low point after the 2008 financial crisis, and exceeded the peak of the Internet foam. The stock allocation of similar investors in G10 countries has risen to about 57%, which is about 12 percentage points higher than the cycle high.