After the reporting season: What’s next for the Magnificent 7?

The US equity market recently reached another major milestone. In early February the S&P broke the 5000 level for the very first time. “It’s important to note, though, that this rise was largely driven by a limited number of highly capitalized technology stocks, resulting in an unusually high market concentration,” remarks Frederik Carstensen, Chief Equity Strategist at Bergos.