Stocks could still rally with higher for longer interest rates

Here’s why elevated interest rates don’t have to mean a market slowdown.

Transcript

00:00The market has kind of stopped paying attention. I know that we still have volatility on press

00:05conference days, but in general, the market is reacting much less violently than it was early

00:13days. And it's really more the bond market that brings concern. And that's also, by the way,

00:19which I think brought the president and et al to postpone the tariffs. It was the bond market,

00:25not the stock market. So we do think so because earnings continue to be strong. Guidance was

00:31decent this last quarter. Margins are healthy. And we think that will continue to be the story

00:38because companies are in fact utilizing AI across their businesses. I saw a recent study,

00:43customer support, human average, each contact is $2.58. AI is 13 cents. And customers are happier

00:52after the AI experience, probably because it's quicker.