UBS managing director and senior portfolio manager Jason Katz joins ‘Varney & Co.’ to discuss the rotation and rally in the markets and his concern over the Fed’s next move regarding rates.
UBS managing director and senior portfolio manager Jason Katz analyzes market trends, highlighting last week’s healthy rotation from concentrated AI trades into other sectors like healthcare and industrials. Katz also expresses concern that the Federal Reserve might make an ‘epic mistake’ by raising rates further, potentially harming the economy despite strong jobs numbers.
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