Behind the Markets Podcast · Friday, July 31, 2026
Jeremy Schwartz noted a significant underperformance of growth stocks compared to value stocks in the five days ending Wednesday, calling it the worst performance for growth in that period. He believes this shift is part of a healthy market correction, removing froth from tech and AI stocks.
“But uh, I just did, the five days that ended Wednesday was the worst performance of growth versus value for any five-day period.”
“I mean, the froth is, you know, off of the chips stock. We talked about the frothing being really the only bubble component.”