Tech giants to turn into ‘Lagnificent 7’ as U.S. exceptionalism peaks, say Bank of America strategists - MarketWatch

1. Bank of America flags potential lag for the Magnificent Seven stocks. 2. They call it 'Lagnificent 7' amid dwindling market dominance. 3. U.S. exceptionalism is viewed as expensive and well-owned now. 4. Analysts suggest looking into undervalued Japanese and European banks. 5. Global manufacturing indicators show signs of recovery by Q1 2025.