4.6 • 4.9K Ratings
🗓️ 8 September 2020
⏱️ 36 minutes
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0:00.0 | I'm so glad you're with us here on the Clark Howard Show where it's all about you learning |
0:10.7 | ways to eat more of what you have, our websites Clark.com and ClarkDeals.com. |
0:19.7 | People get really excited about what's going on with their stock market holdings when |
0:28.1 | things are doing well and then they freak out suddenly when there's a market reversal. |
0:35.3 | And I wanted to talk about what is normally a very volatile month. |
0:40.7 | September has traditionally been a month that has been unsettling for stock investors. |
0:48.9 | But the reality is there are special things you need to be mindful of with what's going |
0:56.0 | on Wall Street and has been going on all year. |
0:59.8 | As I shared with you a couple of weeks ago, a huge percent of publicly traded companies |
1:07.5 | have had a bad year with their stocks that the gains have been very heavily concentrated |
1:14.7 | in just a small number generally of technology oriented companies. |
1:21.0 | There was an item just a few days ago about Apple that Apple's value having reached over |
1:28.6 | $2 trillion in market value that Apple's market value was greater than the entire 2,000 |
1:38.1 | companies that make up the Russell 2000 index. |
1:42.4 | So think about that. |
1:43.6 | One company having more value than another 2,000 publicly traded companies all added together. |
1:51.9 | And so you have Apple and Amazon and Facebook and what's Google's name now, Alphabet. |
2:00.0 | And Tesla, these companies alone accounting for a crazy amount of stock market value. |
2:10.2 | And the value of these companies is extraordinarily high versus their profits. |
2:19.6 | These are companies that have performed very well because of, oh, I'm sorry, Tesla is not |
2:27.6 | on the list. |
2:28.6 | The five are Apple, Amazon, Microsoft, Alphabet, and Facebook, even though Tesla is much |
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