00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Treasury Secretary Scott Bessent said the K-shaped economy is over,
00:07arguing lower-income workers are regaining ground.
00:09But market experts say the wealth divide continues to widen, according to Benzinga.
00:15Louis Nivellier, founder and chief investment officer of Nivellier & Associates,
00:19said the top 50% of households hold all stock market wealth,
00:23while the other half owns no stocks.
00:25He advised lower-income Americans to bet on a billionaire
00:29by investing alongside executives such as NVIDIA CEO Jensen Huang
00:33or Palantir CEO Alex Karp.
00:37B2 Brokers' John Murillo said,
00:39durable consumer convergence is unlikely without structural policy changes.
00:43He noted that the top 1% of U.S. households hold about $55 trillion,
00:48roughly equal to the bottom 90% combined.
00:50For all things money, visit Benzinga.com.
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