🔹🇺🇸 Sector concentration in the U.S. market has reached unprecedented levels.
➡️ Currently, technology stocks, including those linked to the tech sector, account for nearly 55% of the total market, marking an all-time high. This share has doubled since the global financial crisis of 2008.
➡️ For historical reference: during the peak of the dot-com bubble in the year 2000, its share barely touched 50%.
➡️ In contrast, defensive sectors have notably lost presence, falling to around 17%, the lowest level in at least five decades.
➡️ Meanwhile, traditional cyclical stocks have lagged behind, now representing only 28% of the market.