
One chart shows how much optimism has been wiped out of the ‘Magnificent 7’ because of Trump tariffs
The premiums afforded once untouchable “Magnificent Seven” stocks continue to evaporate as Trump tariff concerns pound global markets. Price-to-earnings ratios — which measure how much an investor is willing to pay for the company’s future earnings — for the Magnificent Seven have plunged across the board, according to new data from Creative Planning chief markets…