Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including:
►S&P Reshuffles – “Growth and value indexes run by S&P Dow Jones Indices saw record turnover, with almost a third of their market capitalization affected”
►Top 10 Stocks – “A reminder that the share of total market cap accounted for by the largest 5 companies has come down somewhat. Still high but not *as* high.”
►Paycheck to Paycheck – Everyone is struggling right now, six figure income people included.
►Tesla – Elon is a great showman.
►Money Fleeing Banks – “Wealth-management clients are moving deposits into higher-yielding Treasurys and money-market funds”
►Is the Stock Market Wrong? – “The S&P 500 has closed above its 50-day, 100-day AND 200-day moving averages for six straight days”
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I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them. For disclosure information please see here.
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