Technology stocks now reflect a record ~25% of all equity fund assets.
— The Kobeissi Letter (@KobeissiLetter) September 5, 2023
Just 8 years ago, technology stocks only reflected just ~9% of all equity fund assets.
Meanwhile, 5 stocks currently account for ~70% of the Nasdaq's gain this year.
Technology stocks have become the… pic.twitter.com/0pAa8tfWzh
Prescient AI thoughts
https://www.thebignewsletter.com/p/is-artificial-intelligence-going?utm_source=post-email-title&publication_id=11524...