Josh Rings the Bell, Fifteen Year Changes, Bank Earnings, Internals Are Fine

Despite record S&P highs, breadth has hit its weakest level since the dot-com bubble — which the hosts' data say is historically bullish, not bearish.

• 15-year market scorecard: Since the Oct 2011 Halftime Report debut, the stock market grew from $11.9T to $75T (6x) while the economy only doubled ($15T to $32T); Nasdaq is up over 10x.
• Wealth concentration deepens: US millionaire households rose from 10M to 23.6M (2.3x), 401k assets hit nearly $11T, yet the top 1% own half of all stock and the bottom 50% own just 1%.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.