Macro Strategist: Buy these stocks for the NEW Fed regime

Eric Wallerstein is the chief macro strategist for Clocktower Group, and was previously an advisor to Stephen Miran at the Federal Reserve Board as well as at the White House Council of Economic Advisors. He joins Phil Rosen on Full Signal to discuss the central bank outlook, why he is bullish on the US economy, and three global trade ideas that Wall Street is ignoring right now.This episode is sponsored by Harbor Capital Advisors: https://www.harborcapital.com/suite/ai-labs/Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Why the Fed shouldn't hike1:47 - Why markets expect a hike4:47 - Hawkish dissenters8:14 - Warsh and Fed credibility10:02 - Reforming the Fed's balance sheet14:02 - Reading the bond selloff18:24 - Tariffs as fiscal impulse20:46 - France and the debt divergence23:21 - Why AI capex is bullish US24:23 - Stocks if the Fed holds27:19 - Japanese banks30:07 - Mexico33:39 - Defense stocks35:41 - Follow Eric#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed