In the stock market, it's become Apple, Microsoft and Alphabet vs everyone else

Does a relative shortage of stocks combined with somewhat mechanical sources of buying explain the Dow rising to 29,000?

This has created a vastly bifurcated market, and an unusually wide spread between the valuation of the most expensive stocks and the cheapest ones. The idea of an equity shortage usually hinges on the decline in the total number of U.S. public companies in recent decades, the relative dearth of initial public offerings and the consistent flow of share buybacks meant to reduce companies' equity base.

What's truly scarce are big, reliable cash flows that investors believe will endure economic wobbles and constant technological disruption. And this perceived scarcity of safe sources of profit and income is animating voracious demand for corporate debt and propelling the elite class of dominant secular-growth stocks to ever-richer valuations.

More like it's the federalreserve money printing machine vs everyone else. With blackrock jpmorgan and co doing their bidding.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple sold nearly 60 million AirPods in 2019, analysts estimate - Business InsiderApple is dominating earless earphones with the AirPods and AirPods Pro. It's because people keep losing them Apparently 60 million sets of ears don't mind hearing lousy sound. Wonder how many of those sales were from repeat customers that lost their first pair.🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »

Anticompetitive complaints against Google, Apple, Amazon, Facebook - Business InsiderA group of small tech firms told Congress that Google, Apple and Amazon used bullying tactics to try to crush them. Here are some of the most astounding stories they shared. So why is Zuckerburgs picture here SAI Its the hard true.. but there will come some newbies with the blockchain based tech startupps mastermind😎 Mass media rarely speaks a bad word about Google instead focused on demonizing Mark Zuckerberg Although he is one of the big winners of this economy that actually acknowledge that something is wrong with our system&even advocates to pay his share to fund UBI. Freedomdividend🧢
Source: BusinessInsider - 🏆 729. / 51 Read more »