CAPTRUST CIO Vogelzang on Markets and Strategies

The video discusses the complexities of inflation, highlighting two waves: one from COVID-related supply-demand imbalances and another from geopolitical tensions like the Ukraine war. It explores market pessimism due to inflation, Federal Reserve policies, and upcoming elections. The video also analyzes the unexpected performance of financials in a rising interest rate environment and the shift in investor focus from tech stocks to value stocks as interest rates rise.

Discuss the relationship between interest rates and bank performance as described in the text.

What factors are contributing to the market's rotation away from mega-cap growth stocks?