Source: Adam Parker, Morgan Stanley
Today’s absurd datapoint comes from Slate’s Moneybox: 88% of the S&P500 earnings growth for 2012 came from just 10 firms.
Just four companies—Apple, AIG, Goldman Sachs, and Bank of America—together provided a majority of overall earnings growth among large-cap companies.
Source:
Four Companies That Together Provided Most of 2012 Earnings Growth in the S&P 500
Matthew Yglesias
Slate, Nov. 26, 2012
http://slate.me/Xeb6SD
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