Cash flows in today’s markets are becoming increasingly concentrated, helping valuations stay elevated even as pressure builds across much of the real economy. This gap raises important questions about how capital is allocated and why market signals can feel disconnected from lived experience.

In this episode, Michael Green, chief strategist at Simplify Asset Management, explains how passive investing and 401(k) structures are shaping markets and influencing business outcomes. He also shares his perspective on Private Equity, Gold, and Bitcoin, offering context on how investors are responding to these shifts and what may matter most going forward.

Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.