The S&P 500 Ex-Technology ETF, which as the name suggests comprises only the 433 non-tech stocks on the S&P, is down 3.3% this year, while the S&P 500 is up 11%.23%. That's nearly how much of the S&P 500's weight is represented by Microsoft and the five FAANG firms–making the index's concentration disproportionately higher than it's ever been.
Before Moderna and Pfizer's phase-three vaccine announcements, Microsoft and the FAANG stocks rallied and posted blowout earnings during the pandemic while many non-tech firms saw their shares and earnings tank.
maybe but the market doesn't care
GWB is a war criminal bombed millions of Iraqi citizens in dead of the night day after day murdering them over oil. His protege Obama was no less evil, continued same path of WAR. If elected Nazi Hillary would've done same. She failed but Nazi King Joe Beden (German Beden) won.
wow
Yup But the pension funds keep building their little ponzi scheme...
We knew it was a bubble, we also know the party that creates them.
He is absolutely correct!