S&P500 closed last week at the record figure of 4839.82 and also the all-time high!
Although stocks are thriving, behind that are inadequacies in the capital market that could ignite a recession occurring in 2024. These inadequacies are probably not too new to readers, as Viet Hustler's market articles have always emphasized the concentration risk in the stock market. And in fact, the Magnificent 7 group accounts for 35% of the weight in the value of the S&P500 basket.
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