This is John Bachelor, conversation with my colleague Liz Peek of the Hill and Fox News about the stock market,

the very, very fashionable stock market with the Magnificent Seven. However, Liz brings forth a statistic that

underlines why the market could be regarded as shaky. A large percentage of all of the gains, all of the worth, all of the

magnificent attention that the market receives is based upon 10 stocks only.

That's a narrow, narrow rally. That's a narrow thing to build a

future on. Here, Liz explains how we've been through this before, reaching back way to the 1950s. Fun stuff. The market is

shaky. Yes, always. Good to remember. More of this detail tonight. Thank you.

Well, I think it's pretty intriguing. more of this detail tonight. Thank you.

Well, I think it's pretty intriguing.

Actually, it's amazing to me that you had recently

10 biggest stocks in the stock market accounting for 34% of the total market cap. We have not seen that

since the 1970s and I think that's an extremely again pillar. I don't think that that should give

anyone particular confidence. I was on set yesterday on Fox Business with some

people talking about how the market has to broaden out.

And I think that's totally right.

And they were optimistic that the investor interest would start looking at the Russell 2000, you know, the mid-sized market cap

companies in the stock market and I think that seems reasonable. I mean, if the economy is growing,

if companies are doing well, it shouldn't just be

a very small number of companies,

the so-called Magnificent Seven or whatever,

it receives all the money.

That seems stupid to me.

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