Asking Stephanie Link about influences on equities this week given recent data and upcoming Fed meeting.
speaker1
Stephanie Link
Market will be in a trading range until visibility on Strait of Hormuz. Stocks would be a lot higher with certainty. Taking advantage of dislocations in stocks with strong fundamentals.
Asking about importance of Fed Chair Powell's language this week.
speaker1
Stephanie Link
Fed will emphasize dual mandate but acknowledge macro uncertainty. Not dovish, just 'right down the fairway'. Labor market cooling but not collapsing. Inflation was coming down pre-war but not to target.