4 ms·
Uhh it is absolutely true. The top 100 companies in the US by market cap are predominantly tech and healthcare based. We are increasingly outsourcing production
by mym1990 5y ago
Uhh it is absolutely true. The top 100 companies in the US by market cap are predominantly tech and healthcare based. We are increasingly outsourcing production of physical good to outside markets. 'There is a lot of physical stuff going on' isn't a useful assessment. Of course there is a lot of physical stuff going on, we are the largest economy in the world, there HAS to be.
The shiniest companies look great because they are able to automate and scale with incredible margins.