Surveillance: Fed Cuts with Ausenbaugh
Bloomberg Surveillance
00:00
The Vibe Shift in the Equity Market Rally
Investment strategist at J.P. Morgan Global WAV Lisa Austin talks to CNN about the equity market's Vibe shift. She says investors are shifting their focus away from tech stocks and towards cyclicals like banks, which had a great month in July. But she warns that reinvestment risk is still here as the Fed could start gradually cutting interest rates next year.
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