Top Investment Strategist: Wall Street is WRONG about AI stocks!

Julia Hermann is a global market strategist at New York Life Investments, where she helps shape the firm's multi-asset market outlook. She joins Phil Rosen on Full Signal to discuss her contrarian view on the Fed, the memory stock sell-off, parallels between the AI buildout and the dot-com era, and why financials look undervalued right now.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 - Geopolitics noise and signal2:31 - Fed outlook4:34 - Rate cut odds6:11 - Memory stocks in bear market9:07 - Diversification and quality12:08 - The narrowing path for markets15:12 - US vs. world17:35 - Japan carry trade20:58 - Sell America23:58 - Dot-com parallels29:15 - Infrastructure boom framework34:30 - Bullish financials37:16 - What consensus gets wrong39:17 - Julia's research#podcast #investing #markets #macro #stocks #bitcoin #fed