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The Magnificent 7 make up all of the S&P 500 gains in 2023. That is really incredible when you think about it. Can those 7 stocks sustain the entire market in an economic slowdown? Because right now an economic slowdown is being predicated. When you look at the Fed Futures Watch Tool rate cuts are predicated to be started as soon as March. When you look out further there’s high probability of 4 to 5 rate cuts next year. If that’s true we are looking at a severe economic slowdown next year. Will the market start to price that in this week? Let’s take a look…
