Raymond James’ Matt Orton: Markets Showing Increasing Bifurcation

Bullish Gator

Matt Orton of Raymond James discusses growing market bifurcation, tech sector outlook, and where investors can find current opportunities.

Editorial companion

What stands out

Matt Orton, Raymond James Investment Management’s chief market strategist, told CNBC he is seeing more bifurcation in markets, meaning distinct winners and losers across sectors and styles. That matters because dispersion changes the payoff to active management and advice, shifting value away from indiscriminate index ownership toward stock pickers and client-facing firms. For a broker-dealer like Raymond James, the environment amplifies the commercial value of research, trading flow, and fee-based wealth management, making the firm's strategy more relevant even if headlines focus on big-cap tech narratives.