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.
A fiscal paradise? A ponzi scheme of pride and commitments?
Because he is a Democrat? LMFAO
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Same guy who sai realDonaldTrump was gonna win
Ask him if hes short lol...i doubt it