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The five largest companies in 2010 vs 2020
Two years ago we looked at the five largest companies in 2008 vs 2018. In 2008 Exxon Mobil was again first, while in 2018 Microsoft was leading the pack with a market capitalization about two times the market cap of Exxon Mobil 10 years earlier.
Fast forward to 2020, and Apple is #1 with an impressive market cap of over 1.5trillion dollars. For comparison sake, the top 5 largest companies in 2010 had a combined market cap of just over 1.4trillion dollars or $163 billion less than only Apple has today. The sum market cap of the top 5 largest companies in 2020 is 4.3 times the sum from just 10 years ago. In contrast, the sum market cap of the top 5 largest companies in 2018, was 2.3 times the sum of those in 2008.
Many have speculated that we are in a stock market bubble, especially considering the huge impact of COVID-19 on the economy as a whole.
What are your thoughts?
Fast forward to 2020, and Apple is #1 with an impressive market cap of over 1.5trillion dollars. For comparison sake, the top 5 largest companies in 2010 had a combined market cap of just over 1.4trillion dollars or $163 billion less than only Apple has today. The sum market cap of the top 5 largest companies in 2020 is 4.3 times the sum from just 10 years ago. In contrast, the sum market cap of the top 5 largest companies in 2018, was 2.3 times the sum of those in 2008.
Many have speculated that we are in a stock market bubble, especially considering the huge impact of COVID-19 on the economy as a whole.
What are your thoughts?
Cherry drying helicopter pilots
In the US Northwest, rain can damage the fruit on cherry trees. So helicopter pilots are paid to fly oνer the orchards, using their downdraft to dry the fruit as it ripens.
Here's a 17-minute video of a helicopter pilot describing her experience.
You can read more on her blog aneclecticmind.com
Here's a 17-minute video of a helicopter pilot describing her experience.
You can read more on her blog aneclecticmind.com