According to The Kobeissi Letter, world technology stocks have surged approximately 1,700% since the beginning of 2009, starkly outperforming global stocks excluding the TMT sector, which gained about 300% in the same period. This indicates a significant market reliance on technology stocks for growth.

According to The Kobeissi Letter, world technology stocks have surged approximately 1,700% since the beginning of 2009. In contrast, global stocks excluding the Technology, Media, and Telecom (TMT) sector have only increased by around 300%. This highlights the substantial growth and dominance of tech equities in the market, which have more than doubled in value compared to other sectors.