Markets "Wait and See" Fed Approach & Importance of FOMC Independence

Consumer sentiment continues to slide, as Kevin Green points to metrics suggesting Americans are more concerned about their wallets getting pinched by inflation. He turns to the biggest factor driving those concerns: the Strait of Hormuz. KG touches on the disconnect between headlines suggesting peace talks are occurring from a lack of traction in Iran. With Kevin Warsh being sworn in as Fed Chair Friday, KG turns to the bond market's big picture and cautions Warsh needs to take amid heightened inflation. Consumer sentiment continues to slide, as Kevin Green points to metrics suggesting Americans are more concerned about their wallets getting pinched by inflation. He turns to the biggest factor driving those concerns: the Strait of Hormuz. KG touches on the disconnect between headlines suggesting peace talks are occurring from a lack of traction in Iran. With Kevin Warsh being sworn in as Fed Chair Friday, KG turns to the bond market's big picture and cautions Warsh needs to take amid heightened inflation.

James Demmert tells investors to look at earnings growth and predicts by 2030, the Dow Jones Industrial Average ($DJI) will double. He also sees the S&P 500 (SPX) tapping 8,100 by the end of 2026. James then covers Nvidia's (NVDA) earnings, arguing the company cut out doubts on the AI trade slowing down. James also likes Apple (AAPL) in the Mag 7, saying, "Apple has been somewhat ignored over the past year." James Demmert tells investors to look at earnings growth and predicts by 2030, the Dow Jones Industrial Average ($DJI) will double. He also sees the S&P 500 (SPX) tapping 8,100 by the end of 2026. James then covers Nvidia's (NVDA) earnings, arguing the company cut out doubts on the AI trade slowing down. James also likes Apple (AAPL) in the Mag 7, saying, "Apple has been somewhat ignored over the past year."

Ahead of a long holiday weekend, Diane King Hall highlights key earnings moving the stock market Friday morning. Ross Stores (ROST) shows consumers still have their eye on value, Deckers (DECK) stepped up with a beat, and Take-Two Interactive (TTWO) reiterated the release date of Grand Theft Auto VI. Ahead of a long holiday weekend, Diane King Hall highlights key earnings moving the stock market Friday morning. Ross Stores (ROST) shows consumers still have their eye on value, Deckers (DECK) stepped up with a beat, and Take-Two Interactive (TTWO) reiterated the release date of Grand Theft Auto VI.

Elena Khoziaeva, Co-CIO & Portfolio Manager of Bridgeway, breaks down the outlook for small cap and microcap stocks. When it comes to microcaps, she says lower rates, long-term investing, and balanced risk strategies could create bigger opportunities ahead. Elena also touches on how the Warsh-led Fed will impact small caps.Elena Khoziaeva, Co-CIO & Portfolio Manager of Bridgeway, breaks down the outlook for small cap and microcap stocks. When it comes to microcaps, she says lower rates, long-term investing, and balanced risk strategies could create bigger opportunities ahead. Elena also touches on how the Warsh-led Fed will impact small caps.

Kevin Warsh will set a new tone for how the Fed will tackle interest rates moving forward, says Kevin Hincks. He believes the new Fed Chair will be instrumental to a "new chapter" at the FOMC. Turning to commodities, Kevin expects crude oil futures to drop significantly once the Strait of Hormuz opens, making the argument that "the world is lush with crude oil." Kevin Warsh will set a new tone for how the Fed will tackle interest rates moving forward, says Kevin Hincks. He believes the new Fed Chair will be instrumental to a "new chapter" at the FOMC. Turning to commodities, Kevin expects crude oil futures to drop significantly once the Strait of Hormuz opens, making the argument that "the world is lush with crude oil."

Zscaler (ZS) reports earnings on Tuesday as shares experience a short-term rebound from 52-week lows. Rick Ducat highlights key support and resistance areas to watch in the chart as bulls and bears battle for control of the stock. He also offers an example options trade for the cybersecurity company. Zscaler (ZS) reports earnings on Tuesday as shares experience a short-term rebound from 52-week lows. Rick Ducat highlights key support and resistance areas to watch in the chart as bulls and bears battle for control of the stock. He also offers an example options trade for the cybersecurity company.

Sean Gorman talks about the biggest headlines for investors to walk away with from Google's I/O 2026 event. He sees the Gemini developments as a positive for the Mag 7 giant's growth as Alphabet (GOOGL) and others look for ways to stay ahead of Anthropic's Claude and OpenAI's ChatGPT. Sean notes other AI-tied tech with Google's smart glasses and ways Alphabet can link itself to the space economy as buzz around SpaceX reaches a fever pitch. Sean Gorman talks about the biggest headlines for investors to walk away with from Google's I/O 2026 event. He sees the Gemini developments as a positive for the Mag 7 giant's growth as Alphabet (GOOGL) and others look for ways to stay ahead of Anthropic's Claude and OpenAI's ChatGPT. Sean notes other AI-tied tech with Google's smart glasses and ways Alphabet can link itself to the space economy as buzz around SpaceX reaches a fever pitch.

Christopher Della Fave believes markets are taking a wait and see approach when it comes to the Fed and interest rates. He sees the bond market as the key indicator to the direction the FOMC will take. Christopher adds that there needs to be a "distinct division" between the Fed and Washington with an emphasis on independence. Christopher Della Fave believes markets are taking a wait and see approach when it comes to the Fed and interest rates. He sees the bond market as the key indicator to the direction the FOMC will take. Christopher adds that there needs to be a "distinct division" between the Fed and Washington with an emphasis on independence.

Keep your head on a swivel when it comes to headlines between the U.S. and Iran into the holiday weekend, says Kevin Green. Unofficial reports suggest peace talks may be strengthening but KG warns markets can reverse on headlines stating the opposite. He turns to the earnings front in software stocks like Workday (WDAY) and Zoom Communications (ZM) as both stocks climb higher. Deckers (DECK) also beat and raised but Wall Street is shrugging off the report. Keep your head on a swivel when it comes to headlines between the U.S. and Iran into the holiday weekend, says Kevin Green. Unofficial reports suggest peace talks may be strengthening but KG warns markets can reverse on headlines stating the opposite. He turns to the earnings front in software stocks like Workday (WDAY) and Zoom Communications (ZM) as both stocks climb higher. Deckers (DECK) also beat and raised but Wall Street is shrugging off the report.

"A lot of chop with no real trend" is Rachel Dashiell's reason behind Abercrombie & Fitch's (ANF) stark move lower following a surge in shares months prior. She highlights key support and resistance areas to watch and points out spots bulls can regain traction. "A lot of chop with no real trend" is Rachel Dashiell's reason behind Abercrombie & Fitch's (ANF) stark move lower following a surge in shares months prior. She highlights key support and resistance areas to watch and points out spots bulls can regain traction.