Does the S&P 500 represent the economy? Seems like it should, but in this Random Gleanings episode, Jesse & Chris take a look "under the hood" of the index and discuss how the market is not the economy and vice versa. Thanks for listening and let us know something Random that you've Gleaned at info@proplanwealth.com.
Charts below:
Sector Weightings within the S&P 500 Index. Chris highlights that the Energy Sector (oil & natural gas), products of which most of us use every day, represents only 3% of the Index...
...whereas, Apple represents more than 6% of the Index.