Cyclical bull market

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Detrick: Expect potential turbulence—August often brings surprise events
CNBC Television· 2025-07-31 11:26
It seems to really be the driver today. What does that say to you about the AI trade and the cyclical bull market that everybody says we're in? >> Yeah. Good morning everybody. And it's alive and well, I guess without saying we don't know. I mean, it's justifying this rally. It's justifying this bull market. Been come on you for a couple months saying, "Listen, it's a strong bull market. We have record earnings and new cycle highs in profit margins. Frank, we call those the dual tailwinds to a bull market.I ...