The American market has broken the record for dependence on the top-5
The top-5 corporations in the USA are now worth almost 5 times more than all low-cap companies.
Historical data:
▪️Year 2000 — ×1.5
▪️2008 — ×1.0
▪️2025 — ×4.9!
Growth since 2019: Nvidia +5109%, Microsoft +435%, Apple +463%, Amazon +203%, Meta +440%.
The world is built on five companies. But how long will the pillars hold?
$NS