By Yahoo Finance Video
Publication Date: 2025-12-24 18:30:00
00:00 Speaker A
There was a story out there, Joseph, sort of a narrative that had built that, you know, well, the AI trade and trend had better stay intact. If it doesn’t, you know, the market’s going to come off its wheels. But having said that, I mean, recently, you can look at, you know, some poster childs of the AI trade. You know, I think of an AI heavy name like an Nvidia. It’s well off its 52-week high, Joseph, but this market has continued to grind higher. I’m just curious what you make of that.
00:23 Joseph
Well, I think that it it it bolsters the the thesis that the 493 certainly have legs. And I think that I think more broadly, the economy is stronger than people thought it would be when we started the year. Uh, rates are probably lower than uh, lower today than where where we thought they would be. Inflation is probably a tick lower uh, than we thought it would be. So the underlying conditions are somewhat better for the broad market and the broad…
