Great Hill Capital Chairman Thomas Hayes joins Stuart Varney to analyze the current market rally, attributing it to falling oil prices and stable yields.
Thomas Hayes, Chairman of Great Hill Capital, explains the market’s rally, largely driven by a ceasefire, decreasing oil prices, and lower yields. Hayes advises caution on the ‘Mag 7’ AI trade, suggesting a potential shift. He also points to the significance of this week’s Big Tech earnings and the upcoming Federal Reserve meeting, noting the importance of free cash flow in company performance.
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