Will the Fed Force a Stock Sell-Off? with Dave Mazza
Real Vision: Finance & Investing
00:00
The Fed's Sea Change Could Remain a Winner Take All World
I think until we see a sea change from the Fed, other than maybe some episodic returns to small caps or even mid-cats, I think it's going to be a winner take all world. The heavy concentration into a limited number of high flying high multiple stocks now looks very similar to the nifty 50 era where returns were negative the following decade. But for the time being because of where investors sentiment and psyche is, it's kind of premature to totally hunker down. And what I actually, my thesis is that we'll see this run up.
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