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Recent rally in equities is uncomfortable, says Citi Wealth's Kate Moore
CNBC Televisionยท2025-07-08 12:59

Let's talk markets now. Kate Moore is chief investment officer at City Wealth. Kate, welcome to the show.Good to see you. Yeah, good morning. Uh, where do you stand on the rally here.Uh, sitting pretty much at record highs for the NASDAQ and the S&P 500. Yeah, so I've been saying I've been pretty uncomfortable with the rally in part because a lot of it has not been driven by fundamentals. We know against the backdrop of this rally, there's been a a decline in terms of earnings expectations.as we continue to ...