Quick Bites | How the S&P 500 index has changed over 3 decades

It’s fascinating noting how much the world has changed over the last 30 or so years. For one thing, none of us even contemplated mobile phones back in 1990, and now it’s almost impossible to imagine life without one!

Source: Bloomberg 


The rise and dominance of Big Tech is clearly evident in the composition of the top 5 components of the leading US index, where today all 5 biggest components are tech stocks, and make up 24% of the index.

Back in 1990, the index top 5 was more diverse, with IBM the largest company, but 2 of the top 5 being oil companies, and GE an industrial conglomerate. Back in 1990, the top 5 made up only 12% of the index.

Not one of the top 5 stocks from 1990 has maintained its top 5 spot in the index. Which of the current top 5 stocks will still be up there in 30 years’ time?




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