Fleeing the Magnificent Seven: A Shift in Investor Sentiment The "Magnificent Seven" technology giants have long dominated the US stock market, but investors are increasingly looking abroad for diversification.
According to Janus Henderson Investors' Julian McManus, this shift is driven by a recognition that relying too heavily on a few large cap US tech stocks leaves portfolios vulnerable.
This sentiment change is not fueled by politics, as some might expect given current geopolitical tensions. Instead, it's a response to the changing landscape of global markets.