SlateStone Wealth’s Chief Market Strategist, Kenny Polcari, joined Maria Bartiromo’s Wall Street to discuss the week’s strong economic data, recent tariffs and the Fed’s next move.
Kenny noted that while the economy remains resilient and inflation is holding steady, the Fed may only cut rates once more this year rather than the two or three expected. He also expects markets to stay firm through quarter-end before a possible October pullback, creating buying opportunities in sectors like energy, healthcare and consumer staples.
Watch the full segment here.