RGA Investment Advisors Q3 2025 Investment Commentary

phongphan5922/iStock via Getty Images The Great Divide: Why the Stock Market is So Concentrated and Where We Are Finding Opportunities In the third quarter, the market continued and extended its recovery from the Liberation Day crash. Increasingly, the “market” as we have come to speak of it, has been dominated by a handful of mega cap companies. Consequently, the equal-weighted S&P 500 (NYSE: RSP (RSP)) is a far more accurate proxy for how the median stock is performing, and the divergence between RSP a ...