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Podcast: Money Life with Chuck Jaffe
Episode: VettaFi's Rosenbluth: These market conditions call for equal-weight plays
Description: Todd Rosenbluth, head of research at VettaFi, says investors should be looking at an equal-weighted approach to the market -- allowing all winners to have a chance to succeed -- despite the strong 2023 put up by the Standard & Poor's 500, a market-cap weighted index whose results were dominated by the so-called Magnificent Seven stocks. Rosenbluth made the Invesco S&P 500 Equal-Weight Technology ETF his ETF of the Week, noting that while the tech sector is a big part of most asset allocations, most of the money has been going into the few names rather than the broad group of stocks...