The market has been very heavily concentrated in a small handful of stocks ('The Magnificent Seven') through much of 2023, with through early June, those seven stocks capturing essentially all S&P 500 gains while the remaining 493 stocks were flat to slightly negative.

factualpending

Speaker

John Lodereer

Evidence Quote

you know seven eight stocks The Magnificent Seven if you look at uh through about the beginning of June take those seven stocks they were all the games in the S P 500 the rest of the 493 were actually flat to I think a little town on the year up

Source

Lacy Hunt: We're Facing A Perfect Storm Of 'Economic Deterioration'Wealthion
Created: 8/12/2026, 6:42:20 PM

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