Halftime Report Is a Greater Rotation Coming? 11/13/25
Nov 13, 2025
Josh Brown, CEO of Ritholtz Wealth Management, highlights ExxonMobil's potential amidst changing market dynamics. Kerry Firestone shares insights on financials and the banking sector, while Bill Baruch discusses new opportunities in gold and mining. Jenny Harrington defends dividend stocks like Cisco and Disney, linking valuation to performance. The group debates if a December rate cut is likely and its effects on the market, alongside a discussion on AI exhaustion and the shifting tech landscape, providing a deep dive into current investment strategies.
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Rotation Away From Concentrated Tech
- Large tech gains are now facing profit and valuation scrutiny leading to money rotating out of that trade.
- Other sectors like energy and financials are quietly outperforming beneath index-level weakness.
Rate Cut Uncertainty Isn't Terminal
- A missed December rate cut would likely cause a modest market pullback rather than collapse according to the committee.
- The Fed's messaging and lack of data make timing and certainty of cuts ambiguous for markets.
Shift To Profitable, Low-Valuation Stocks
- Focus on profitable, low-valuation companies as rotation favors earnings and cashflow over narrative.
- Reweight toward dividend, energy, real estate, staples, and pharma when valuations and profitability matter.
