Market Concerns & Fed's Actions - The market is concerned about the deficit, tariffs, and the Fed's next move following the employment report [2] - The Fed should cut rates in September to stimulate the housing market and benefit the economy [2][3] - Market volatility is expected due to uncertainty about the Fed's actions [3][5] - The market is unsure if the Fed will "do the right thing" due to Powell's hawkish commentary [5] Investment Strategy & Sector Focus - Investors should recalibrate portfolios, taking profits in tech and diversifying into utilities, energy, financials, and gold [6][7] - Tech companies are trading at premium valuations and are vulnerable to market declines [6][7] - The energy sector is favored due to deregulation tailwinds and increased US energy exports [8][9] - The European Union is committing to buy approximately $750 billion of US energy [9] - South Korea is committing to buy approximately $100 billion of US energy [9] - Large oil companies like Exxon Mobile are trading at relatively low valuations and paying good dividends [9]
Zaman: It's obvious the Fed should cut in September given the economic data we have
CNBC Televisionยท2025-08-04 11:58