Tech
Even after recent declines, FAANG stocks still account for 10%+ of the S&P 500 weighting, so subpar performance in coming years will be a big drag on the market (Kit Rees/Bloomberg)
Set of Rees / Bloomberg:
Even after recent declines, FAANG stock still accounts for more than 10% of the weight of the S&P 500, so below-average performance in the coming years will be a major drag on the market.— For some investors, this year’s high in tech stocks isn’t just a bear market: It’s the end of an era…
