EconomyPeople Trying Hard to ‘Outfox’ S&P 500, Cutright Says

Hedgeye Asset Management portfolio manager Brooks Cutright says investors are working hard to “outfox” the S&P 500. Nearly $27 trillion is tied to index-tracking funds. The index will announce its rebalancing decisions Friday: 36 companies appear eligible for entry, while more than 110 current members no longer clear the market-cap threshold.