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The Fed needs to lower rates, says Baird Private Wealth Management's Ross Mayfield
CNBC Televisionยท2025-08-04 18:54

Joining us right now is Ross Mayfield, investment strategist at Baird's Private Wealth Management. And there's not a whole heck of a lot of a dip here, Ross. If this qualifies as a dip, I don't know.>> Yeah, I think you're right. I mean, we came into uh the fall anticipating that look, we had this great three-month rally. We knew about all these headwinds, tariffs coming into play on August 1.Now we have the the Fed and the the non-farm payrolls report kind of weighing. So, expecting a bit more of a correct ...