Post by Augustine Chiagozie (@pabloexchange)
๐ Historic Performance Gap in US Tech Stocks
The performance gap in US tech stocks hit historic levels. The top 20% outperformed the bottom 20% by about 120 percentage points over the last 3 months, the second-highest ever.
This nearly matches the 135 percentage points peak during the 2000 Dot-Com Bubble. Over the past year, the spread has quadrupled, surpassing the 1999โ2000 surge.
Top 20% tech stocks returned +110% in 3 months, near February 2000 levels. The bottom 20% posted -10%. This rally is unusually concentrated among the best performers.

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