With Stocks at Fresh Highs, Investors’ Portfolios Look Alike [WSJ]
- Justin Jungwoo Lee
- Jul 28, 2019
- 1 min read
As the holdings of mutual funds and hedge funds are concentrating into a shortlist of MasterCard, Microsoft, Amazon, PayPal, etc., the vulnerability of US stock market is getting increased. A sudden shock on this market could incur abrupt selloff, which might lead to a chaotic disaster in the capital markets of the US.
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