Asking about mixed economic data picture and implications for Fed policy.
Sam
Liz Ann Sonders
Labor market shows crosscurrents with positive claims data but disconnect between hiring/firing; economic backdrop stable to decent despite unique cycle.
Asking about sustainability of market rotation away from tech concentration.
Sam
Liz Ann Sonders
Broadening out trade has legs throughout the year, driven by AI moving to cultivate phase with productivity gains benefiting companies across sectors.