Hornbach argues the Fed is not as hawkish as markets perceive. He believes a forward-looking Fed will see inflation coming down to 2% and will cut rates in 2027, not hike. He dismisses backward-looking inflation data and emphasizes the importance of current economic trends like falling oil prices and productivity growth.

Stoltzfus is bullish, emphasizing market resilience driven by strong earnings and fundamentals. He sees the AI trade as a long-term story (2026+), not a bubble, but advises selectivity and barbell strategies. He highlights a structural shift with retail investors becoming more important and staying invested longer.

Ives is extremely bullish on AI, rejecting the notion of a bubble. He views hyperscaler capex as a necessary 'arms race' funding a revolution, with monetization beginning in 6-9 months. He sees the selloff in June as a major buying opportunity and believes the US is ahead of China in AI for the first time in 30 years.