Closing Bell Overtime: The Market’s Big Shrug 7/6/22

Stocks posted modest gains with the Fed reiterating it will do whatever it takes to bring down inflation. Ritholtz Wealth Management’s Josh Brown and Sofi’s Liz Young give their market takes. Plus, Jeff DeGraaf of Renaissance Macro Research breaks down the charts with the best – and worst – bets for your portfolio. And, according to The Wall Street Journal, only 2% of actively managed U.S. stock funds are positive over the last year. One of those top fund managers – Mike Morey of Viking Fund Management – explains his strategy.