Reuters
- The "Magnificent Seven" dominate the stock market to a worrying extent, one expert says.
- Deutsche Bank's economics chief, Jim Read, said investors should be wary of an economic slump.
- The US is now in the "snipers' alley" of recessions now based on when previous downturns hit, he said.
The "Magnificent Seven" are dominating the stock market to a worrying degree — and investors are underestimating the risk of a recession, one expert says.