On Monday, US stocks experienced a brief pause as Moody’s downgraded the US sovereign credit rating from Aaa, the highest possible rating, to Aa1. Typically, debt downgrades pressure bond prices, leading to significant increases in yields, as demonstrated by Monday’s market reaction. Despite this, famed analyst Tom Lee views the downgrade as a non-event. He remains optimistic about a rally in the Magnificent Seven stocks – the tech giants expected to lead market gains. Recent history shows that markets often rebound following similar downgrades. Investors should be prepared for potential rebounds as Lee suggests keeping an eye on these pivotal stocks during the second half of the year. These include major players in technology and finance, who have shown resilience and capacity for growth. As the year progresses, Lee encourages investors to remain optimistic amidst potential volatility.