Uncharted Territory

So... market concentration. It's topical. And it's extreme. It's topical because it's extreme. At this point, it's hard to say whether the enormous weight of the mega-caps is worth remarking on given the ad nauseam nature of this perpetual topic du jour. But given the proximity (next week) of earnings releases from four of the "Magnificent 7," and considering the market's adverse reaction to quarterly updates from Alphabet and Tesla (this week), I thought I'd (re)highlight the figures below.