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Investors' FOMO and Index Distortions: The Magnificent Seven's Weight-Loss Plan

1 min read
Source: MarketWatch
Investors' FOMO and Index Distortions: The Magnificent Seven's Weight-Loss Plan
Photo: MarketWatch
TL;DR Summary

Wall Street strategist Torsten Slok has compared the "Magnificent Seven" stocks of today to the "Nifty 50" names of the 1970s, noting similarities in extreme concentration and earnings multiples. The comparison also revealed similarities to the dot-com era's S&P 500 information-technology sector.

Topics:business#concentration#earnings-multiples#finance#magnificent-seven#nifty-50#stock-market
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  1. Investors beware: ‘Magnificent Seven’ stocks starting to resemble ‘Nifty 50’ that got crushed in 1970s market crash  MarketWatch
  2. Magnificent Seven Need Weight-Loss Plan to Balance FOMO Versus Index Distortions  Bloomberg
  3. View Full Coverage on Google News

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