In a research report released by Goldman Sachs they have pointed out that:
The top 10 equities in the S&P 500 now represent nearly 35% of market cap…..
This is a new record, and shows the concentration of investment in a small number of stocks.
Is this a good thing?
Or is this a bad thing?
Some would argue that these are the new powerhouses which will take the global economy to the next level.
Others will argue that a bubble if forming, and it could go pop.
What do you think?