Stock concentration is now at Great Depression levels:
— The Kobeissi Letter (@KobeissiLetter) March 19, 2024
According to Goldman Sachs, the market cap of the largest stock is now 750 TIMES the market cap of a 75th percentile stock.
To put this in perspective, even at the peak of the 2000 Dot-com bubble the metric only hit 550x.… pic.twitter.com/SPEn9diqea