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Ben Carlson: Every Mag 7 stock enters double-digit drawdown

Ben Carlson: Every Mag 7 stock enters double-digit drawdown
Mag 7 face double-digit declines

Ben Carlson highlights that each of the Mag 7 stocks is experiencing a double-digit drawdown. According to his summary, Apple has fallen 11.3%, Nvidia 13.6%, Google 16.3%, Amazon 16.5%, Tesla 20.9%, Meta 24.1%, and Microsoft 31.6%.

This performance marks a broad correction among leading technology and growth companies, as captured by Carlson’s data.

Carlson has recently examined the limited impact of rising oil prices on stock markets, noting that conflict can introduce new variables to this relationship in a separate analysis. He has also considered the outlook for housing versus private equity, highlighting forecasting challenges for returns over the next five years in previous commentary. These topics reflect his focus on different asset classes and market drivers.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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