The S&P 500 offers a poor risk-reward since it is extremely overvalued and is no longer a diversified index since the Magnificent Seven mega-cap technology stocks represent a 31% weighting.
The Manley Macro Memo
The S&P 500 offers a poor risk-reward since it is extremely overvalued and is no longer a diversified index since the Magnificent Seven mega-cap technology stocks represent a 31% weighting.