Stock concentration is now at Great Depression levels: Acco...

Stock concentration is now at Great Depression levels:

According to Goldman Sachs, the market cap of the largest stock is now 750 TIMES the market cap of a 75th percentile stock.

To put this in perspective, even at the peak of the 2000 Dot-com bubble the metric only hit 550x.

We officially have a higher stock concentration than the peak of the Great Depression in 1932.

The top 10% of stocks in the US now reflect ~75% of the entire market.

Big tech IS the stock market.