Equity allocations in US portfolios reach nearly 50%, overtaking real estate for the first time since World War II.
US households have shifted more wealth into equities than real estate for the first time since World War II, driven by strong stock market gains. Equity holdings now account for nearly 50% of financial assets, surpassing levels seen during the dot-com era.
The trend reflects sustained market growth since the global financial crisis, particularly in technology stocks. US, Australia, and Sweden lead in equity exposure, while Europe and Japan remain underweight, favoring cash and other assets.
Regulatory changes in Europe may push pension funds and insurers toward equities, but higher stock allocations increase vulnerability to market corrections.