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Did Passive Investing Fuel a Bubble in Ultra-Large Tech Stocks?

Did Passive Investing Fuel a Bubble in Ultra-Large Tech Stocks?

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

Questions continue to arise over the effect of passive investing, and whether or not it's somehow distorting the market. On this week's episode, we speak to Vincent Deluard, the Director of Global Macro for INTL FCStone Inc., who argues that the endless bid for ETFs have helped fuel a bubble in megacap stocks, which continue to outperform the market.

To contact the editor responsible for this story: Laura Carlson at lcarlson21@bloomberg.net

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