US Markets Wrap: Cash-rich & retail flow investors chasing momentum
Alex Morris, CEO & CIO, F/m Investments explains how the current rally isn’t driven by conviction, but instead it is cash-rich and retail flow investors chasing momentum, aided by structured products and index flows. He shares why while there are short term momentum wins are to be had, longer term, he prefers diversification to concentration.Produced/Presented: Ryan HuangSee omnystudio.com/listener for privacy information.