@KobeissiLetter At this point, all metrics scream overvaluation:

- MAG7 concentration: 31% of the S&amp;P
- MAG7 responsible for 50% of S&amp;P’s performance
- Forward P/E suggests no gains for the next decade
- Record low percentage of stocks outperform the S&amp;P
- S&amp;P represents 73% of global markets https://t.co/s6swgxHjlI