Mike Green on What Happens When Passive Flows Meet the Largest IPO in History
Mike Green joins Excess Returns to explain why passive investing, index construction, SpaceX, AI IPOs and mega-cap concentration may be changing how the stock market actually works. We discuss how passive flows can affect prices, why AI earnings may be more circular than investors think, what could break the current market narrative, and why the economy feels much weaker for many households than the headline data suggests.
Michael Green Twitter
https://x.com/profplum99
Simplify Asset Management
https://www.simplify.us/
Topics covered:
Why the SpaceX IPO has turned passive investing into a…
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