This is absolutely incredible:
US Technology, Media, and Telecom (TMT) stocks relative to global TMT stocks have hit an all-time high of 2.0x.
This ratio has DOUBLED over the last 5 years.
Since the 2008 Financial Crisis, US tech has outperformed its global peers by 5 TIMES.
To put this into perspective, this ratio reached 0.7x at the 2000 Dot-Com Bubble peak.
In other words, the ratio is now nearly 3 TIMES higher than it was in 2000.
US Big Tech is dominating.
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