Tariff news is an offset to tax benefits of Trump's tax bill, says Citi's Drew Pettit

Let's turn now to the markets as investors continue processing what all of these earnings reports mean for the broader economy. Joining us now is City Research US equity strategist Drew Pettit. Drew, um, what's your takeaway, especially as it pertains to the types of companies that are in this AI growth phase versus the rest of the market.>> Yeah. Hi, Leslie. So, the key here is having a secular or thematic tailwind in the market.When we think of the S&P 500 broadly, 50% of index market cap is really tied t ...