By CCN.com: After a decade-long bull market and 2019’s record-breaking start to the year, global stocks are close to all-time highs. But if you look beneath the surface, there’s a scary trend lurking. The entire surge relies on just six stocks: Facebook, Amazon, Apple, Netflix, Google, and Microsoft. Remove these tech stocks and the global stock market looks very different: it’s flat. Record highs? If you subtract Facebook, Apple, Amazon, Netflix, Google, and Microsoft, the #stockmarket has done nothing for the past 16 months. Thanks @biancoresearch @business #stocks pic.twitter.com/bYybHPcPI6 — Peter Valente (@ValenteMusics) May 3, 2019 Stock Market’s Scary Reliance
The post US Stock Market Looks Terrifyingly Weak If You Remove These 6 Super Stocks appeared first on CCN
source https://www.ccn.com/us-stock-market-looks-terrifyingly-weak-if-you-remove-these-6-super-stocks
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