
INDEX INDICATIONS
01/22/2025 |
In 2024 and 2023, only 29% of firms in the S&P 500 index beat the index. This lopsidedness means relatively few companies are doing very well, and a majority are performing below average. From 2000-2022, the percentage was about 50%, which is what you would generally expect. Aside from 2020, the last time the percentage of winners was so low was in 1998 and 1999 during the dotcom boom. Ugh.