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Stock Market Rally: Fundamentals vs FOMO
Many Happy Returns
The Worrying Constraint of the Stock Market
The 10 largest stocks in the S&P 500 are responsible for more than 70% of gains so far this year. Apple and Microsoft have never had a higher combined waiting in the S-P 500. Together, they've added more than $1 trillion in market caps since the start of the year. And their combined weight is around 14% of the entire index.
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