The Magnificent 7 has brought almost $2 Trillion of combined revenue over the last year up from $445 Billion a decade ago.
Source: Evan @StockMKTNewz, Finchat
Why the S&P is up past two weeks
Source: Nomura thru zerohedge
Historical asset bubble summary from BofA, including the current Mag7 frothiness.
”History shows only central banks end melt-ups”… Source: BofA, Wasteland Capital
With their massive market caps and impressive price appreciation, the Magnificent7 stocks have played a crucial role in driving the S&P 500 index’s performance.
Without them, S&P 500 returns since December 2022 would be much closer to average, still good, mind you, but more average. 🤣 @ISABELNET_SA thru Lance Roberts on X
🏇 The race to $4 Trillion...
Apple $AAPL $3,369,000,000,000 NVIDIA $NVDA $3,320,000,000,000 Microsoft $MSFT $3,051,000,000,000 Who will be the first to hit $4 trillion market cap? Source: Trendspider
😱 The shocking chart of the day >>> Mag 7 political donations....one of these is not like the others...😱
Source: Meb Faber on X
S&P 500 VALUATION IS IN LINE WITH THE 2000 DOT-COM BUBBLE PEAK
S&P 500 Price to Book (assets minus liabilities) ratio is now 5.2x, the most on record and in line with the 2000 Dot-Com bubble burst. When excluding the Magnificent 7 group, the P/B ratio is 4.2x, near a record. Source: Global Markets Investor
🔥LONG MAGNIFICENT 7 IS THE MOST CROWDED TRADE ACCORDING TO GLOBAL INVESTORS🔥
43% of global investors* believe Long Magnificent 7 is the most crowded trade, down from ~54% in August. Has the trade become overcrowded? *BofA survey of 195 participants with $503 billion assets. Source: Global Markets Investor
