2026 Mid-Year Update: Beyond the Magnificent Seven
The Magnificent Seven—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—have dominated U.S. market returns in recent years. Their success caused many investors to question why they should own smaller companies, international stocks, and other areas that had lagged. The first half of 2026 offered a clear answer. Through June 30, the Magnificent 7 stocks returned just 0.1%.…
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