Lopsided econ

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

September 24, 2023

The S&P 500 has added ~$7.2 trillion in market cap in its rally this year.

However, the top 20 largest stocks have accounted for $6.1 trillion of that gain.

This means that the top 20 stocks in the S&P 500 have accounted for 85% of the index's gains.

Meanwhile, 5 stocks… pic.twitter.com/ZiLOdzj2Jk
— The Kobeissi Letter (@KobeissiLetter) September 23, 2023