Fed and AI trade are now inextricably linked, says Gabelli Funds' John Belton
CNBC Television·2025-11-28 12:09
Joining us now, John Belton, portfolio manager for growth equities at Gabelli Funds. Okay. Where do you see it.What what were numbers there. 7100 7500 8,000. Pick a number. >> I'm not going to pick a number.That's that's too risky. I'm not going to do that in a public forum. But um I do think this this issue >> Well, you can give me any number.Just don't give me the [laughter] cake. >> Let's go let's go 7% higher from here. The long-term average.>> Okay, great. Yeah, that's bold. So, I mean, I do think this ...