Grantham Sees Stock Market Slump, Recession, Shades of Dot-Com Bubble
The AI craze and federal spending won't protect the stock market and economy from higher interest rates and other headwinds forever, Grantham warned.
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The AI craze and federal spending won't protect the stock market and economy from higher interest rates and other headwinds forever, Grantham warned.
New Delhi: Seven stocks, making up close to $11tn in market capitalisation today, contributed 73 per cent of returns of the S&P 500 in the first half
Seven stocks, making up close to $ 11tn in market capitalisation today, contributed 73 per cent of returns of the S&P 500 in the first half of 2023, a crescendo to FANG, FAANMG and tech leadership, BofA Global Research said in a report.
Just seven mega-cap stocks accounted for 73% of gains in the S&P 500 this year. Bank of America offers some insight for investors looking to join in.
Just seven mega-cap stocks accounted for 73% of gains in the S&P 500 this year. Bank of America offers some insight for investors looking to join in.