Apr 8, 12:12 PM

Global Stock Market Concentration Reaches Decades-High, 'Magnificent Seven' US Equities Lead, Profits Increase 38%, Rest of S&P 500 Shrinks 2%

The dominance of the largest stocks globally has reached its highest level in decades, with US equities, particularly the 'Magnificent Seven' companies, representing over 70% of the world's developed markets. Profits for these top companies are expected to increase significantly, while the rest of the S&P 500 index may see a decline in profits. Global stock market indices are becoming more concentrated, with the top 10 stocks in the MSCI All Country World Index now making up almost 20% of holdings.

#US #Magnificent Seven

Written with ChatGPT (GPT-3).

Sources

Nate Geraci@NateGeraci
2 years ago
Global stock market indices have grown increasingly concentrated... 10 largest stocks in MSCI All Country World Index now account for nearly 20% of holdings. I offer some thoughts here on what that means for investors. via @SteveJohnson000 https://t.co/x0PxfFwRFy https://t.co/wJq6rHxVWC
Daily Chartbook@dailychartbook
2 years ago
"Profits for the seven biggest growth companies in the S&P 500 ... are on course to rise 38% in the first quarter, according to Bloomberg Intelligence. When excluding them, the rest of the index’s profits are anticipated to shrink by 2%." @JessicaMenton https://t.co/8dwub3EtPG
Financial Times@FT
2 years ago
US equities, led by ‘Magnificent Seven’ companies, now account for more than 70% of the world's developed markets as global stock market concentration has risen to its highest level in decades: https://t.co/4SZf5x9FLm https://t.co/nSW6F1me2i

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