Well, with us now is Dan Niles, founder and portfolio manager at Niles Investment Management. Dan, it's great to have you on the show. Welcome.Thank you. We'll start right there. What do you think of this.Well, you have to separate it into pieces. So, if you're asking, what do I think about the stocks of the AI companies. I think they're going to go up a lot for one simple reason.The Fed's cutting rates after being on hold for 9 months. You're going to get another probably three cuts between now and January ...

💥BREAKING:🇺🇸 Fed Governor Stephen Miran calls for aggressive rate cuts of up to 50bps. https://t.co/U0pW5hYLrq ...

REMINDER:Fed's Bowman says he sees 3 rate cuts in 2025!BULLISH FOR MARKETS! https://t.co/fNxUNPrpic ...

Monetary Policy - Federal Reserve Bank of Chicago President Austan Goolsbee suggests officials should proceed carefully with rate cuts [1] - The Federal Reserve faces pressure regarding both inflation and employment goals [1]

💥BREAKING:Fed's Bowman says he sees 3 rate cuts in 2025!THIS IS BULLISH. https://t.co/Z3u4FM6toi ...

Monetary Policy - Dallas Fed President Lorie Logan will approach additional rate cuts very cautiously [1] - Inflation risks remain more prominent than the threat of higher unemployment [1]

Monetary Policy Outlook - The Fed's excessive reliance on data dependence should be reduced, as the accumulated data for the last three to four months speaks volumes [2] - The Fed needs to move from a restrictive stance to neutral with dispatch, likely involving 25 basis point cuts at the next three to four meetings [3] - These cuts would bring the policy rate to a 3%-35% zone, considered neutral and consistent with the yield curve [3] - The current yield curve is not validated by the policy rate, and the Fed's actions will clear the path for normalization [4] Fed Internal Dynamics - There is genuine disagreement within the FOMC about the terminal rate, with some members not wanting it to be below 3%-35% [7] - Despite disagreements, there is a widespread consensus on the committee to move to neutral [8] - The Fed is likely to implement a steady march of 25 basis point cuts without explicitly promising to do so [8] Economic Impact - The absence of data in the short run due to the shutdown may reduce the Fed's data dependence [2] - The Fed's risk management assessment has tilted towards supporting the labor market [5]

BoE’s Catherine Mann says sticky inflation is materializing but doesn’t rule out more rate cuts https://t.co/ZiaK3dL7oi ...

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 ...