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It’s been said before, but it bears repeating: American investors are feeling the sting of no longer being spoiled.
For more than a decade, it almost seemed difficult not to make money in the stock market. That all changed in the post-pandemic financial world; 2022 saw one of the most volatile markets in years. Investors have been nostalgic for the “good old days” ever since, today being no exception.
One major player driving market swings in recent years is the Magnificent 7. This ensemble cast doesn’t involve Yul Brynner or Steve McQueen. Rather, it’s the list of seven megacap tech stocks composed of companies with market capitalization higher than $200 billion:
