Stocks are pricey

August 9, 2023 4:52 pm by CWR

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Source: @EconguyRosie

— Genevieve Roch-Decter, CFA (@GRDecter) August 9, 2023

2/ The U.S. equity market shifts in weight over time

Stocks excelling in performance inevitably grow to make a larger portion of the market, leading to increased market concentration

— Game of Trades (@GameofTrades_) August 9, 2023

See also The latest job report, showing unexpected job growth, has sent yields soaring, stirring up fears of inflation. Stocks are crashing.

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