Trump says 'everybody's profiting' from recent market rallies — but it’s mostly the 1%

The article says President Trump claimed recent stock-market gains mean “everybody’s profiting,” but the piece emphasizes that the benefits are highly uneven. U.S. equities rallied strongly in the first half of 2026, with the Dow up 8.9%, the S&P 500 up 9.6%, the Nasdaq up 12.8%, and the Russell 2000 up nearly 22%. However, Federal Reserve data show the top 1% own about half of corporate equities and mutual fund shares, while the bottom 50% hold just 1%. The story frames the rally as supporting wealthy households far more than average Americans, widening the wealth gap. It also notes that Trump’s own financial disclosure showed sizable gains tied to crypto-related income and holdings in large-cap stocks such as Apple, Microsoft, and Nvidia. The broader market implication is positive for equities but socially concentrated, reinforcing the view that stock-market strength is not translating evenly into household wealth.