I think it pays to diversify your fixed income and not just keep it all short. It's very tempting to stay at 5%. But at some point, you're going to have a roll-up or a roll-down problem. The market is, when you get 16% plus returns and 12 and a half of that comes from seven stocks and not from earnings, that's all just multiple expansion. That's not really sustainable. There are some good values in the market.
Bloomberg News Auto Reporter Keith Naughton and Garrett Nelson, Senior Equity Research Analyst at CFRA, talk about Ford cutting prices on its electric F-150 pickup truck in an effort to compete with Tesla and GM. Julia White, Chief Marketing and Solutions Officer at SAP, discusses cloud transformation and the impact of AI. And we Drive to the Close with Sue Crotty, Chief Investment Officer at Segal Marco Advisors.
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