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The US stock market is abnormally concentrated. You’ll have read plenty about it in Points of Return and many other outlets, as the S&P 500 grows more top-heavy, by various measures, than has ever been seen before — thanks largely to the dominance of the so-called Magnificent Seven internet platform groups. The S&P’s 10 biggest companies on their own account for more than 32% of the index.

QOSHE - Market Herding Is Everywhere, Not Just the US - John Authers
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Market Herding Is Everywhere, Not Just the US

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29.02.2024

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The US stock........

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