The market has been flat for the last 6 months (treading water since September 2020) despite the Mag 7 stepping back, which demonstrates surprising market resilience to the loss of those seven companies' trillion-dollar contribution.
factualpending
Speaker
Aswath DamodaranEvidence Quote
“You've you've seen the market's pretty much where it was in September of 2020. We haven't done much overall in the market for the last 6 months. We've been treading water. Which is actually amazing given the fact that the mag 7 which have led the market so much have kind of gone into the background.”
Source
Aswath Damodaran: I Am More Cautious Than Ever— The Master Investor Podcast with Wilfred FrostCreated: 8/12/2026, 6:41:25 PM
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