Growth stocks are on track to close out their single biggest year in terms of outperforming value stocks since S&P started tracking the data. As a result, investors’ portfolio results are more likely than ever to most closely reflect their respective exposure to growth and value, with the former up 28% year to date and the latter actually down 3%.

This audio clip explores three questions. First, where are we and how did we get here? Second, how similar is today to the tech bubble for growth stocks? And finally, what’s a reasonable expectation going forward?

Listen here (approximately an 11:53 duration)