Super Concentrated Stock Market ; Father's Day Advice

Chris & Jeff talk about the market. This week the Federal Reserve paused on interest rate hikes for May and the market is reacting favorably. The Core Inflation Rate is still at 5+, so it is unclear if rates will be hiked in future months.

Chris discusses a Morningstar article “5 Charts on the Super Concentrated Stock Market”. For the first five months of 2023, 10 stocks accounted for 97% of the totals gain from the Morningstar US Large-Mid Index.