Measuring the Impact of the Magnificent Seven on Market Returns with Syntax Direct
The Magnificent Seven (Microsoft, Apple, NVDIA, Amazon, Alphabet, Meta Platforms, and Tesla) and their respective growth have been a collective lightning rod for the financial press, with each of these stocks leading the broader market up and down at various points in time. We quantified the impact of the Magnificent Seven over the past 1-, 3- and 5-years by comparing the results of the Syntax US Large Cap 500 Index (Syntax 500)1 to what we refer to as the Syntax 493, an index model which excludes these seven companies.
JPMorgan Chief Global Strategist Warns Of Economic Red Flag
Markets reacted positively to Donald Trump's victory, but David Kelly, the chief global strategist at J.P. Morgan Asset Management, isn't celebrating.
Mike Mayo Sees ‘Paradigm Shift’ For Banks On Trump Deregulation
For Mike Mayo, the veteran analyst known for pointed opinions on the largest US banks, the election of Donald Trump is nothing short of a sea change.
Federal Judge Rules Against Morgan Stanley In Legal Dispute
Morgan Stanley faces significant challenges as a federal judge ruled against it in a long-standing legal dispute with hundreds of financial advisors.
Goldman Sachs Analyst Hints At Big Risk To Post-Trump Election Rally
Stocks rallied hard after the election but the bond market reaction suggests further gains on the equity side of the Trump Trade could be difficult.