Morning Few: Exposing the Illusion of a Bull Market and the Pitfalls of Market Concentration
Lead-Lag Live - A podcast by Michael A. Gayed, CFA
Is the current bull market too good to be true? Join me as I unpack the deceptive nature of this market rally . I dive into startling data from the Russell 3000 index, showing that a staggering 70.4% of its stocks are trading below their 2021 highs, even as the S&P 500 hits new peaks. I draw eerie parallels to the dot-com bubble of 1999, where a few select stocks soared while many others lagged behind, raising serious questions about the sustainability of today's market. The concentrated ...