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> Meanwhile the S&P500 is up _23%_ this year As the saying goes: "The stock market is not the economy." Most of that gain can be attributed to six stocks. Dr
by throwaway2037 2y ago
> Meanwhile the S&P500 is up _23%_ this year
As the saying goes: "The stock market is not the economy." Most of that gain can be attributed to six stocks. Dropbox is down about 6% year-to-date.
- insane_dreamer 2y agoFair point. Let's look at profits then. Net profit margin across the S&P500 is 12%, a YOY increase.
- Ekaros 2y agoHow is net profit margin calculated? Some weighted average or is it net profit of every company divided by revenue of every company?
- throwaway2037 2y agoThis article will provide some insight: https://insight.factset.com/sp-500-reporting-higher-net-profit-margin-quarter-over-quarter-for-q1 https://insight.factset.com/sp-500-reporting-higher-net-prof... In short, yeah, it depends. You need to carefully look at each data source and decide what exactly they mean by "net profit %" for an index.