1. 5 Companies 17.5% of S&P

The five biggest tech companies now make up 17.5% of the S&P 500 — here’s how to protect yourself

Ari Levy@LEVYNEWSLorie Konish@LORIEKONISH

https://www.cnbc.com/2020/01/28/sp-500-dominated-by-apple-microsoft-alphabet-amazon-facebook.html

1.Energy and China Have Lost Decade.

https://www.reuters.com/article/us-global-markets-decade-energy/u-s-energy-shareholders-seek-to-leave-behind-a-lost-decade-idUSKBN1YV0CM

It Was a Lost Decade for China’s Stock Market, but Investors Bet on Better Times Ahead-https://www.wsj.com/articles/it-was-a-lost-decade-for-chinas-stock-market-but-investors-bet-on-better-times-ahead-11578133803

1.Software Private Equity Deals Jump to 17% of Overall PE.

https://files.pitchbook.com/website/files/pdf/2019_Annual_US_PE_Breakdown.pdf

1.More Gundlach Slides…..Commodities/Dow Jones Ratio at All-Time Lows.

S&P 500 vs. High Yield

https://www.advisorperspectives.com/pdfs/2020/Slides/2020-01-07-Just_Markets_Webcast_Slides.pdf

1.Record Bond Inflows in First Week of January 2020.

www.ndr.com