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Jul 17 2020

Tech Stocks Dominating Market Cap AND GDP!

  • Jul 17, 2020

The Technology sector now comprises about 27% of the total S&P 500 market capitalization, its highest representation since it peaked near 34% during the 2000 dot-com bubble. Moreover, there is growing concern about the outsized impact of the popular FAANGs and the fact that so few companies are increasingly responsible for much of the overall stock market’s ongoing recovery

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About The Author

James Paulsen / Chief Investment Strategist