Put it all together and what do you have? 2 sectors, dominated by a very small number of companies, which in turn feed up to driving the returns of the S&P 500. This is the core of the so-called "sugar high" that the market has been on for the better part of the last few years.
The Plot Narrows: A Smaller Number Of Stocks Are Driving The Index, And That's Not Good
Forbes - 25 Jun 2018 18:30
Put it all together and what do you have? 2 sectors, dominated by a very small number of companies, which in turn feed up to driving the returns of the S&P 500. This is the core of the so-called "sugar high" that the market has been on for the better part of the last few years.
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