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It does for the people in the market. Keep in mind that 54% of households in the US have no exposure to the market and the top 1%/top 10% have the majority of stocks.
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"In 2012, the incomes of the top 1 percent rose nearly 20 percent compared with a 1 percent increase for the remaining 99 percent." (http://www.mercurynews.com/business/ci_24065108/wealth-gap-widens-richest-1-percent-earn-biggest)