RSP - Inflationary Growth... And The Biggest Bubble Of All Time?
2024-04-17 00:58:29 ET
Summary
- Magnificent 7 index up 162% from Jan 2023-April 2024, with Nvidia contributing 489% to the rise.
- Equal-weight NASDAQ-100 and S&P 500 ETFs were only up 34.2% and 16%, respectively in the same period.
- Large-cap stocks benefiting from "Stage 3" inflationary growth have supported the market, but economists have differing opinions on the concept.
From January 3, 2023, to April 15, 2024, the magnificent seven equal-weight index has been up 162%. NVIDIA Corporation ( NVDA ) has contributed a spectacular 489% to the rise of this index....
Inflationary Growth... And The Biggest Bubble Of All Time?