Markets Drift Higher on Investors Checking Out: O'Rourke

The video discusses current market trends, focusing on the S&P 500 and NASDAQ's performance. It highlights the influence of passive shareholders and the impact of liquidity on market pricing. The market is experiencing a slow drift upwards due to a lack of active investor engagement, with structural bids supporting the market. The resolution of the debt ceiling is necessary for more accurate pricing.

What role do active investors play in achieving real pricing in the market?

What implications does the unresolved debt ceiling have on market behavior?