INSANITY IS AN UNDERSTATEMENT:
Weight of the top 10 stocks in the S&P 500 has spiked to ~34%, the most in the entire history.
At the same time the weight of the LARGEST stock of the $S&P 500 Index(.SPX.US$ relative to the 75th percentile stock is 770x!
This is even higher than in the 1920s.
At the same time the weight of the LARGEST stock of the $S&P 500 Index(.SPX.US$ relative to the 75th percentile stock is 770x!
This is even higher than in the 1920s.
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