Bank of America Holds the Key to $11 Trillion Market Questions

The equity market's ability to reach fresh highs without the support of mega technology stocks, known as the "Magnificent 7," is a major concern for investors. These seven stocks, including Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia, and Tesla, have contributed 73% of the S&P 500 gains in the first half of 2023. Bank of America strategist Savita Subramanian highlights five key questions for investors to consider: the causes of market concentration, the differences between today's Big Tech and previous bubbles, important catalysts to watch for, the risks of saturation and changing competitive landscapes, and how to navigate these risks by looking beyond the Magnificent 7 and considering other equity opportunities.