% of S&P 500 Capitalization

% of S&P 500 Capitalization Currently, the energy sector accounts for only 2.6% of the S&P 500’s capitalization, while tech now accounts for 28%. Image: Financial Times

S&P 500 vs. Top 5 Stocks

S&P 500 vs. Top 5 Stocks Does big tech present a risk for investors? Image: Financial Times

Top 25 Members of the S&P 500

Top 25 Members of the S&P 500 Another tech bubble? This table shows the 25 largest stocks in 1973, 2000 and 2020. Back in 1973, IBM was 12.74% of the market capitalization. Image: Fidelity Investments

EU27 Nominal GDP vs. Nasdaq Market Capitalization

EU27 Nominal GDP vs. Nasdaq Market Capitalization Is tech in a bubble? The Nasdaq market capitalization is now bigger than the nominal GDP (in U.S. dollars) of the European Union’s 27 member countries. Image: Deutsche Bank

S&P 500 vs. Russell 2000

S&P 500 vs. Russell 2000 The Russell 2000 has underperformed recently. Tech accounts for 25% of the S&P 500 vs. 15% of the Russell 2000. Image: Goldman Sachs Global Investment Research

Digital Money and Confidence

Digital Money and Confidence A majority of people across the world don’t trust big tech companies to issue digital money. Image: Financial Times

U.S. Equities and Global Equities ex-U.S.

U.S. Equities and Global Equities ex-U.S. This chart suggests that higher yields could cause great rotation from bonds to stocks, US equities to non-US equities, growth to value, large caps to small caps, tech stocks to bank stocks, credit to commodities,… Image: BofA Global Investment Strategy

U.S. Jobs of the 2010s

U.S. Jobs of the 2010s Jobs in tech, construction, home health and fitness center were among the fastest growing of the decade. Image: Reuters