Right now, I want to bring in Brian Levit, chief market strategist at Invesco. Brian, good luck. Take everything you just heard, all the data you just got, and tell me uh what you'd be doing in the market these days.>> I actually found it all to be pretty enticing for the market. So, what you're looking at >> data or >> the the data in I mean, clearly it's a slowing economic environment when you >> Why is that enticing. Brings the Fed back in.>> Yeah. It's still resilient. Inflation expectations are contain ...

Core Viewpoint - The current economic environment is characterized by a midcycle slowdown, which is seen as an opportunity for the Federal Reserve to lower interest rates, potentially benefiting risk assets [2][3][5]. Economic Indicators - Inflation expectations remain stable at 2.5%, while real yields are approximately 1.5% with a 4% Treasury rate, indicating weaker growth [2]. - Global leading indicators have been stable but below trend, suggesting a mega cap growth environment, with expectations for lower rates and fiscal support to boost global activity [5]. Market Dynamics - There is a shift in focus towards neglected market sectors, particularly value sectors compared to technology, which may require a catalyst such as policy easing and increased activity [6][7]. - The market is experiencing volatility, often linked to policy uncertainty, but a better risk environment with less volatility is anticipated as rate cuts and fiscal policies are expected to improve economic outcomes [9]. Future Outlook - The expectation is for a reacceleration towards trend-like growth rather than a new higher growth level, which should be conducive for risk assets [3]. - The potential for rate cuts and fiscal policy support globally is seen as a positive signal for the market, particularly towards the end of the year and into the next [8][10].