Stock Market on the rise even with falling economy
Even though many economic indicators are falling the stock market continues to rise and reach record highs. The top 10 stocks in the S&P 500 are up 37%, while the other 490 companies are down 7.7%. The big giants are critical for the performance of the S&P 500. With many companies operating overseas, their success also isn't directly tied to the American economy. The FAANG (Facebook, Amazon, Apple, Netflix, Google) are generating about half of their revenue overseas.
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