Touchstone's Thomas: 'The stock market has gotten ahead of itself'

<p>Crit Thomas, global market strategist at <a href= "https://www.touchstoneinvestments.com">Touchstone Investments</a>, says the stock market's strong run makes investors feel good, but it has gotten to a point where the market is expecting more that a slowing economy that is dealing with inflation can deliver. Thomas says the current earnings recession is problematic -- regardless of whether the broad economy enters a recession -- because it shows that micro issues and what is happening at the company level will be more important than the macro, big-picture issues moving into 2024. In the ETF of the Week, Tom Lydon of <a href= "https://www.vettafi.com">VettaFi</a> looks at a new fund that puts a different twist -- driven by artificial intelligence -- on 'Buy on the dips.' Ted Rossman of <a href= "https://www.Bankrate.com">Bankrate.com</a> looks at <a href= "https://www.bankrate.com/finance/credit-cards/credit-card-debt-survey/"> how inflation and rate changes are impacting credit-card users</a>, and what it all says for the big picture at a time when credit-card debt nationally now exceeds $1 trillion. In the Market Call, Dorrit Lowsen, president of <a href= "https://www.change-finance.com">Change Finance</a>, talks stocks through the lens of her firm's unique take on ESG investing.</p>