🇺🇸 The Magnificent 7 (MAG 7) stocks have shed $3.5 trillion in market capitalization since December 17th.

As a result, their weighting in the S&P 500 has declined from 34.4% to 30.4%.

This drawdown surpasses even the losses experienced during the Japanese Yen Carry Trade collapse on August 5th last year. 😱

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