What happened in the 2010s? - by Rohit Krishnan
One reason I love the financial markets is that it's the best representation about the future, which makes it the perfect tableaux to understand big developments that changed the world. At any scale you look you learn something true about the world. One specific story that's stood out, brought to light by the markets but deeply impactful in the real world, happened in the last decade and half. Which is that no matter how you look at the figures, there has only been one winner in the markets in all that time. The US capital markets. And in that market, 5 companies, Meta, Google, Apple, Amazon, and Microsoft, basically accounted for all that's good about the market. Which is really weird! Everything else in this market put together, including every other stock market in the world, just kind of muddled along, whereas these companies just took over. As Joe Weisenthal of Bloomberg says often, there was only one trade worth doing in the last decade and half. Thanks for reading Strange Loop C
What happened in the 2010s? decoding a mystery Rohit Krishnan Jun 02, 2025 88 23 12 Share One reason I love the financial markets is that it's the best representation about the future, which makes it the perfect tableaux to understand big developments that changed the world. At any scale you look you learn something true about the world. One specific story that's stood out, brought to light by the markets but deeply impactful in the real world, happened in the last decade and half. Which is that no matter how you look at the figures, there has only been one winner in the markets in all that ti
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