Attention Economy


Tuesday, June 6, 2023

US Equities: A New Bull Market?

Is the Bear Market Over? It Depends.
https://www.nytimes.com/2023/06/05/business/stocks-bull-market.html
The S&P 500 ended the day nearly 20 percent above its low last year, within a hair of a milestone for some market watchers. But assessing a bona fide bull market is not so simple.
 
This Rally Is All About a Few Star Stocks—And Some Investors Are Worried
https://www.wsj.com/articles/this-rally-is-all-about-a-few-star-stocksand-some-investors-are-worried-b64382e2 

The S&P 500 is ridiculous
https://www.marketwatch.com/story/the-s-p-500-is-ridiculous-5ba3d36
The S&P 500 has become ridiculous. It has become so top-heavy that it is effectively just a bet on a handful of stocks.
 
Related:
The tech industry was deflating. Then came ChatGPT.
https://www.washingtonpost.com/technology/2023/06/04/ai-bubble-tech-industry-outlook/