ACTV - Time Lags Have Magnified Risk Exposure And Complacency
2024-07-10 12:40:00 ET
Summary
- In the second quarter of 2024, big tech companies drove the S&P 500 up 4.3%, while the Russell 2000 index of economically representative small and midsize stocks fell 3.6%.
- The five most expensive S&P 500 companies now make up a record 29% of the US market capitalization.
- Today, even more than in 1966 and 2000, households are holding the highest percentage of their financial assets in equities in at least 70 years.
In the second quarter of 2024, big tech companies drove the S&P 500 up 4.3%, while the Russell 2000 index of economically representative small and midsize stocks fell 3.6%....
Time Lags Have Magnified Risk Exposure And Complacency