Published Review of Economic Dynamics Published Aug 2026Who Buys High and Sells Low: Trading against Expected Returns and Wealth InequalityJung SakongWealth in the US is far more concentrated than income, even among the bottom 99%. In 2013, the next-49% (above the bottom 50%) earned 4.7 times the income of the bottom 50% but held 6.5 times the net …