An update of a popular chart.
The contribution to the year-to-date return of the S&P 500.
* Through yesterday (April 26), the year-to-date return S&P 500 (black line) was 5.13%
* The top eight FAANG+ M N T (names on the chart) contributed 5.57% to the overall 5.13% of the S&P 500
* The "other 492" contributed a -0.44% return to the S&P 500; the "other 492" has collectively dragged the S&P 500 lower.
So, what is the message from the stock market?
* The economy is good as the stock market is up more than 5% after four months.
* The economy is suspect as collectively, "other 492" stocks are dragging the S&P 500 lower again this year like last year.
A few of my favorite charts from 2022.
Gotta start with t-bills at 4.75%. Savers aren't being punished anymore.
PS - ditch your "high yield" savings account paying 3-4% and buy the bills yourself. They're effectively charging you 1-2%.
Never forget this epic moment at the Astros parade in 2017 when this dropped hat was returned to a fan in spectacular fashion. Today more memories will be made.
My faith in God, my family, coaches, mentors and the vibe that I got from Day 1 at UNT, has brought me to this great day! COMMITTED 💚🤍#MEANGREEN@PCobbs43@jomaul66
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We finally back🙏🏾 Missed the last one?? Mark ya calendars. Come out and get right with me and the team 💪🏾😤You don’t wanna miss out
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Galileo once observed that nature is written in math. Biology might be written in words—and artificial intelligence can now read it to catch covid-19 mutations. https://t.co/EBJdsRnns1
Dana White bought and sold the UFC, making over $350M in the process.
The craziest part? He did it without investing any money.
This is his wild story.
Time for a thread 👇👇👇