For perspective, the Mag 7 skyrocketed over 600% since 2019, compared to nearly 113% for the S&P 500, as investors poured into big-name AI winners. Bank of America’s Savita Subramanian just threw cold water on the idea that the popular AI trade will continue defying gravity next year.
Bank of America flags unusual stock market 2026 setup, with MAG 7 dominance in danger
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