Market concentration just hit dot-com bubble levels

Tech, telecom, and healthcare now make up a record 45% of global stocks as of July 2024. That’s a 10% surge in just four years, blowing past the previous high of 44% from the 2000 dot-com bubble. https://preview.redd.it/tqqizypgefld1.jpg?width=862&format=pjpg&auto=webp&s=171de91b0f80c65a0cd058113a517c13878554b2 Meanwhile, financials, energy, and commodities have sunk to 25% of global capital—lower than in 2000. Last time the bubble popped, tech, telecom, and healthcare stocks lost their dominance for years, while financials, energy, and commodities took over. Get ready for round two. submitted by /u/FXgram_ [link] [comments]