Show Notes:

Cash is still pouring into money market funds…

https://x.com/MikeZaccardi/status/1984585372366750138

S&P 500 Index vs. S&P 500 Equal Weight…

https://x.com/dailychartbook/status/1985380197089370155

A Fed Cut in December?

Source: Briefing.com “The Big Picture”

https://www.briefing.com/InPlayEq/Commentary/TheBigPicture.htm

Tech Performance YTD

Source: X Post from The Trading Initiative on 11/3

https://x.com/howtoswingtrade/status/1985521724297761236

Don’t Mix Politics And Investing

Source: X Post from Ryan Detrick

https://x.com/RyanDetrick/status/1985356620168106074

#325 Topics:

• $7.5T in cash sits in money markets — fuel for future gains once rates fall below 3%.
• Market concentration peaks — S&P 500 cap-weighted index beats equal-weighted by 13%, signaling opportunity in overlooked large-caps.
• Fed uncertainty grows — odds of a December rate cut drop from 90% to 65% after Powell’s comments.
• AI drives tech rally — strong earnings and spending power gains, but a 20%+ correction looms when AI growth slows.
• Cautious sentiment lingers — investors hesitate despite market highs, risking missed opportunities.