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Only 7 Stocks Are Powering the S&P 500 (The Myth of the Diversified Portfolio)

June 19, 2023 8:29 pm by Alex

 

See also  Nvidia just broke history. $4 trillion market cap. One company powering nearly every AI on earth

h/t TonyLiberty

 

See also  US stocks close to 23x P/E, Ex US 14.3x
Tags diversified, portfolio), powering, stocks
Rich People Pay 250k To Go on a Submarine Tour of the Titanic and Die at the Bottom of the Ocean
Guess who’s more likely to look happy and attractive
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News Wire:

Trump Administration to impose 93.5% tariff on battery components from China

China launches world’s first adjustable sails oil tanker, expected to cut emissions by 5,000 tons annually.

More than 67,000 cases of deodorant sold at Walmart, Dollar Tree and on Amazon recalled

Four people dead in Florida from flesh-eating bacteria found in coastal waters

Jim Jordan bill reduces legal immigration and H1B visas.

Betting Odds on Trump Firing Powell Surge on NYT Rumor, then Crash

President Trump says Coca-Cola, $KO, has agreed to use real cane sugar in Coke in the US.

Google AI loses badly in old school Atari chess challenge — this is a beatdown.

Jeffrey Epstein Hired Private Goons To Harass FBI Agents: Report

UFC at the White House

Bank of America earnings per share beat expectations

Trump asked Zelensky if Ukraine could hit Moscow, FT reports

See also  First housing, then stocks.

Florida airports ordered to report any ‘weather modification’ activities

Russia warns of nuclear Armageddon after Trump’s latest Ukraine move

White collar workers displaced by AI could spark a revolution

Former Pink Floyd legend Roger Waters faces potential prosecution in the UK with up to 14 years in prison.

Electricity companies plot massive 142% bill hike despite increasing risk of blackouts

Bummer: Chicago Is Broke From Taking Care Of All Those Illegals, So, They’re Laying Off Teachers

China is about to shock the U.S. economy again. Economists who predicted the first offer a plan to fight back.

JUST IN – Jeffrey Epstein’s former attorney says there is no such thing as an Epstein “client list.”

Rip-off America? From car rentals to coffee, inflation is rampant

The Department of Defense will begin using Grok, the company announced

See also  Oil tankers are turning around at Hormuz. Lawmakers bought war stocks before the first strike.

Lara Trump Claims the President Has Heard the Base, Will Provide More Transparency and Release More Epstein Files

Nvidia stock is now bigger than Germany 

Elmo’s X account hacked? Sesame Street character trolls Trump, demands Epstein files in viral rant.

German subway experience … classic

Trump announces US will send Patriot missiles to Ukraine, says Putin ‘talks nice but then he bombs everybody in the evening’.

India’s inflation cools to 2.1% in June, extending slide to more than 6-year lows

We’re living in ‘end times’ when you can’t retire on $1 million

President Trump’s economic adviser Kevin Hassett says POTUS DOES have the power to fire Fed Chair Jerome Powell if there is a valid reason.

The EU is delaying retaliatory tariffs on U.S. goods, in hopes of reaching a deal by Aug. 1

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