Is Passive Investing Marking The S&P 500 Peak?
Concerns about sustained outlook for US economy has potential ramifications for investors in second half of 2017.
As interest rates rise, consumers will tighten the purse strings, which will affect earnings growth through lower discretionary spending.
As investors look to allocate capital, conviction on what market sectors to allocate funds to will be tested.
Investors driving unfettered into passive products for fear of missing out stand to be caught swimming naked when the tide goes out.
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