Charlie’s Finance Articles July 2020
Here are Fort Pitt Capital Group’s finance articles for July 2020:
CNBC.com gives us our first article, “A great market divergence: Traders break down the split in the S&P 500.” The five largest stocks on the S&P 500 keep getting bigger while 49 of the smallest 50 on the S&P 500 keep getting smaller.
“Passive fingerprints are all over this crazy market,” is our next article and it comes from ZeroHedge. Passive investors may now be the price setter for stocks. They may also be the driver behind recent, ridiculous market behavior.
Our third article, “Banks’ new dilemma: They cannot tell who is a good risk,” is also provided by ZeroHedge. Banks are tightening their lending standards because they now cannot tell who is paying their bills on time.
Wolf Street’s “Plagued retail: My view from the trenches,” rounds out this month’s list. The retail winners in this COVID-19 world are those that can address consumers’ needs for distancing and cheap.