Fed Expansion as a Share of S&P 500 Market Capitalization

Fed Expansion as a Share of S&P 500 Market Capitalization Fed’s purchases are positive for the stock market, but as a share of S&P 500 market capitalization, they are less than during the 2008-2009 period. Image: J.P. Morgan

Top 5 Companies % of S&P 500 Market Capitalization

Top 5 Companies % of S&P 500 Market Capitalization The S&P 500 is currently more concentrated in the five largest stocks than during the dotcom bubble. Image: BofA Global Investment Strategy