Reported about 2 months ago
Managing Partner Matt Powers of Powers Advisory Group discusses the ongoing uncertainty surrounding Trump's policies affecting stock valuations as the earnings season progresses. He emphasizes that while mega-cap stock valuations appear stretched, investors should hold their positions due to potential benefits from Trump's pro-AI policies. However, there is worry about possible earnings misses from major companies reporting soon. Powers also points out that regional banks have solid fundamentals, presenting a potential investment opportunity.
Source: YAHOO