Concentration of Wealth in 12 US Companies Reaches $30 Trillion

A small number of US companies now account for $30 trillion in market value, raising concerns about potential market instability if these valuations decline.

30 May, 01:18 — 30 May, 01:18

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wolf-streetMixed2h ago

The Magnitude of the Numbers Is just Mindboggling: 12 U.S. Companies, $30 Trillion

But if they pop: There are only so many trillions that can vanish from portfolios before it triggers a recession.

By Wolf Richter

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Concentration of Wealth in 12 US Companies Reaches $30 Trillion

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The Magnitude of the Numbers Is just Mindboggling: 12 U.S. Companies, $30 Trillion

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