All right. So, JP Pal says the market seems uh a little frothy. I'm going to just translate what he's trying to say.I think everybody's saying that, but people keep putting their money into the markets and it keeps moving to highs. Do you think that this is sustainable, specifically with so much money pouring into the AI trade. Look, I think Jay is clearly trying to manage expectation around how many rate cuts we should be expecting, not only for the balance of this year, but as we move through 2026.The Fed ...

Let's ask Truis wealth CIO Keith Lerner and Empower chief investment strategist Marta Norton who joins us here at Post9. Good to see both of you. Thanks for coming in.Yes, my pleasure. What do you make of I guess tech lagging, a little more volatility, this comment from the Fed chair. You don't get that every day about valuations in equities, right.And you know, I think it really is a sign of how extreme valuations are. We all know that valuations aren't a timing indicator. markets can grind on for quite so ...

JUST IN: 🇺🇸 Federal Reserve Chair Jerome Powell says the Fed is "well positioned" following rate cuts last week. ...

I'm okay with moving to to be in a better spot and I think eventually at a gradual pace rates can come down a fair amount if we can get this stagflationary dust out of the air. Um, but you I I I with inflation having been over the target for four and a half years in a row and rising, I I think we need to be a little careful with getting overly upfront uh aggressive. ...

Chicago Fed President Austan Goolsbee said the US should be cautious on rate cuts as inflation rises above target https://t.co/sNdggPbvfg ...

Cleveland Fed President Beth Hammack urges caution on rate cuts, staying focused on inflation https://t.co/SOT8iJxRDl ...

💥BREAKING:🇺🇸 FED President Raphael Bostic expects no further rate cuts this year after the September rate cut. https://t.co/SH1zT9kxuK ...

All right. So, Drew, what do you make of this this uh morning. We're seeing the futures pull back. We're seeing gold spike quite a bit.It's up over 1% generally. That's the safety trade. What do you think's going on with investors this morning.Look, I think sentiment's really high. That that's the starting point for everything here. And any news that might upset the apple cart might be a reason to normalize positioning or take some profits.I think a lot of this is shortterm because I think the bigger, not n ...

Market Sentiment and Earnings - Investor sentiment is currently high, leading to potential profit-taking and normalization of positions in response to any unsettling news [1] - The upcoming Q3 earnings reporting season is expected to be a significant factor influencing market direction [2][4] - The market's recent highs are attributed to expectations of rate cuts, but the sustainability of this trend hinges on strong earnings performance [2][3] Earnings Pressure - There is considerable pressure on earnings to exceed growth expectations, particularly given current market valuations [4][5] - The current earnings pressure is noted to be at levels not seen since the tech bubble and the post-pandemic recovery [5] Company Focus: Equifax - Equifax is highlighted as a potential investment opportunity due to its earnings inflection story, driven by lower interest rates impacting mortgage rates [6] - Analyst expectations for Equifax's earnings are projected to be significantly above consensus for fiscal years 2026 and 2027, supported by lower mortgage rates [6] - The company is expected to improve its return on equity (ROE) through enhanced margins and operational efficiency [7] Mortgage Rates and Housing Market - Despite recent increases in mortgage rates, the long-term outlook remains positive due to a housing market that is underbuilt in the United States [8] - The current mortgage rates are approaching the 6% range, which may stimulate demand for both refinancing and new home purchases [8]

🇺🇸 Bitcoin supporter Stephen Miran says he sees rate cuts continuing for the next several months. ...