All this in unhealthy at best. This domination cannot continue with a backlash. Only china can rival USA companies in this madness, and like or hate china, this could be a good thing. American monopolies on the entire world is a cause of concerns. The USA is doing all it can to block competition on the excuse it is defending the world against a Chinese threat... Frankly, I am myself more scared of this dominance, than china. So far, China has not been a problem to the world, the USA has been.

It's the Trillionaires' Stock Market Now, and the Rest of US Are Just along for the Ride

A handful of 'magnificent' tech stocks have been driving the stock market. Could that concentration turn into a problem for your 401 or stock portfolio?The Trillionaires rescued the S&P 500 in 2023, and they are now in full control of the market - for better or worse.Their power within the index also goes well beyond market-cap growth, at least if you toss out Tesla. Nvidia ended the S&P 500's earnings recession last year, and Big Tech's layoffs saved corporate America's record profit margins from declining along with inflation rates. In every way, this small group of companies was responsible for the market rebound in 2023, and it's also at the core of expectations for 2024 and beyond.That could be true for the long term, but it will be hard for any new rivals to compete against such powerfully entrenched and well-capitalized incumbents. And there could be short-term pain in store. I've voiced my doubts about an immediate artificial-intelligence windfall beyond Nvidia in 2024, with mo
It's the Trillionaires' Stock Market Now, and the Rest of US Are Just along for the Ride

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