Allianz's Ripley: Market's not buying the Fed's message

Charlie Ripley, senior investment strategist at Allianz Investment Management says that the stock market is still reacting as if the Federal Reserve will begin cutting interest rates before the end of this year, ignoring the likelihood that the central bank instead follows the data and pushes to get rates to 6 percent before holding steady for longer. He sees a soft landing and mild recession ahead for the economy. Indrani De, global head of investment research at FTSE Russell discusses the 'Russell Reconstitution' process of updating the firm's indexes -- which is being completed this week -- and what the benchmark's changes say about the market and economy at this time. Plus, Marty Fridson discusses 'The Little Book of Picking Top Stocks,' which encourages pursuing big winners in addition to maintaining a balanced, traditional investment approach, and in the latest episode of 'Find Me The Money,' forensic accountant Tracy Coenen talks about how it's not gender but instead an imbalance of power and knowledge that is at the root of most couples' money problems.