As much I cleave to the "WE DON'T DO NEWS" ethos that disdains merely relaying the memes du jour, once in awhile, the news gets the best of me. Yesterday was such: Zero Hedge floored me with their casual revelation that nearly half of the entire value of the S&P 500 index rests solely in the top 20 stocks.
Number fiends can click to enlarge:
In other news, Innovation Patterns readers will certainly appreciate this concise and remarkable report from the dark lords of Bain Capital: Trillion Dollar Growth Trends to 2020.
We will return to our usual atemporal dance through the mind fields tomorrow morning at 5:55 am sharp. Thank you for indulging me.