A decline in Mega-8 will distort

I’ve been telling clients that I still expect lower prices in the S&P 500, Nasdaq Composite and Nasdaq 100…..

because the Mega-8 should test some longer term mean reversion…

and those stocks still are making up 29% of the S&P 500’s total market capitalisation……

and so, a decline in the ‘headline’ indices will make many gasp but there is a nuance behind.

See Figure 13 in the link below;

MegaCap-8

April 17, 2025

rob@karriasset.com.au