Oh! The top 10 companies in the S&P 500 now account for a record 37% of the index. This percentage officially exceeds peak levels seen during the 2000 Dot-Com bubble by 10 percentage points.

Over the last decade, the market concentration has more than DOUBLED.

Furthermore, the top 10 stocks alone now have a market cap of ~$18.7 TRILLION.

This means that the top 10 stocks in the US now have a combined market cap that is $1 trillion higher than the entire European stock market.

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