Stephen Kim

Steve Auth, CIO of Equities at Federated Hermes, questions if the AI boom signals a market bubble while projecting strong GDP growth. Eric Winograd, Chief U.S. Economist at AllianceBernstein, analyzes how recent jobs data indicates potential Fed cuts due to labor market shifts. Stephen Kim, Head of Housing Research at Evercore ISI, addresses the disappointing household formation rates and forecasts modest declines in housing prices, emphasizing that real estate dynamics are more influenced by life events than interest rate changes.

Mike Wilson, Chief U.S. Equity Strategist at Morgan Stanley, and Stephen Kim, Head of Housing Research at Evercore ISI, delve into the wobbling homebuilder market. They analyze the sharp selloff in builder stocks and the factors squeezing margins, like policy risks and inventory pressures. Kim shares insights on the White House's approach to homebuilder challenges, while Wilson discusses housing dynamics in the broader market context. The duo also tackles alarming trends in the dollar market amidst growing de-dollarization fears, affecting global equities.