Apparently diversification is just owning more of the same thing.
It's official:
The top 10% largest US stocks now reflect a record 76% of the US equity market.
This has officially surpassed the previous record set before the Great Depression in the 1930s.
By comparison, at the 2000 Dot-Com Bubble peak, the top 10%'s share was at ~73%.
In… pic.twitter.com/zkH069Vzr9
— The Kobeissi Letter (@KobeissiLetter) August 7, 2025
BREAKING: the proportion of countries worldwide in an official "Bull Market" (up 20%) just reached 65% –the highest since 2021.
…think about that, with all the noise and chaos and BS, 2/3rds of countries are starting new bull markets ("and you're bearish?") pic.twitter.com/4sU8Lt0Pzy
— Callum Thomas (@Callum_Thomas) August 8, 2025
This has been one of the best earnings seasons in years:
~63% of the S&P 500 companies have beat earnings expectations by at least 1 standard deviation, the highest percentage in 4 years.
Excluding the post-pandemic recovery, this marks the best quarter in at least 25 years.… pic.twitter.com/pnQzwRcvNf
— The Kobeissi Letter (@KobeissiLetter) August 7, 2025
Something to keep in mind as we head into August… pic.twitter.com/JySNZWJTM9
— Ian McMillan, CMT (@the_chart_life) August 7, 2025
The larger this bubble grows, the less people care 🙈
Narrator: history in the making https://t.co/eDD7XpsPCZ pic.twitter.com/TVL5cm5Z43
— JustDario 🏊♂️ (@DarioCpx) August 8, 2025
👀
Deflation fast approaching…
I can confirm that the rental market continues to be soft (first noticed in the beginning of the summer).
CPI is very lagging but new leases are what leads the market and the data set.#bonds $TLT https://t.co/WohQLsrDkB
— Fibonacci Investing⚡️ (@FibonacciInves1) August 8, 2025