The 10-year yield has fallen below 1.45%. Wayne Kaufman, Chief Market Analyst at Phoenix Financial Services gives an overview of the recent CIP report and what that means for the market going forward. Overall, he says that valuations are very good so he believes the market will be trending in a positive direction long-term. However, in the short-term, increased selectivity could be mildly concerning. Finally, he discusses expectations for next week’s Fed meeting. Tune in to find out more.
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