Inc Magazine: “Big Tech Is So Dominant the Stock Market Would Have Been Flat for 2 Years Without It”
By datatrekresearch in IN THE NEWS
Excerpt from Inc Magazine quoting DataTrek's Nick Colas and Jessica Rabe:
.... "To DataTrek Research co-founders Nick Colas and Jessica Rabe, the Magnificent Seven will once again determine what sort of year the S&P 500 has, and how large-cap stocks perform compared with small-caps and other countries’ indices.
On a price return basis, the S&P 500 is coming off back-to-back strong years of 24.2 and 23.3 percent gains, respectively. In fact, by DataTrek’s calculations, the index would have barely registered a gain without the Magnificent Seven"....
Full article here on Inc Magazine.
