MARKET OVERVIEW: 📈
The NASDAQ Composite index seems to be in a buoyant mood, painting a rosy picture of the overall market. However, upon closer inspection, it becomes evident that this rally is highly concentrated and powered primarily by the FANG (Facebook, Amazon, Netflix, Google) stocks. In fact, the large market caps of these tech behemoths are heavily...
CURRENT MARKET TRENDS 🔄
1. 🎯 Selective Market Dynamics
The present market scenario remains highly selective. This has been a pattern, with a tendency for a rotational environment. Stocks that are currently underperforming or rebounding from their lowest points are leading the market for short durations. This is while tech-heavy indices like the Nasdaq...
Participation rate, on the other hand, has been declining since 2010 and now stands at levels lower than in 1980-ies.
However it is not a systemic problem with the labor market. The reason for the decline is that the percent of population that is employed or actively looking for work is shrinking as a part of total population as a direct effect of aging baby-boomers.
