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Jan 06 2024

Additional Factors

  • Jan 6, 2024

The story of the year was the Magnificent 7. Even with a lackluster December, the largest seven firms produced an average return of +111% in 2023. Advances in those companies added $5 trillion in market cap and were responsible for just under two-thirds of the S&P 500’s overall gain.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager