Leo Kelly on Fox Business: Mornings with Maria

In this “Mornings with Maria” segment on Fox Business, host Cheryl Casone speaks with Verdence Capital Advisors CEO Leo Kelly and Strategic Wealth Partners CEO Mark Tepper about the latest economic data impacting the markets.

Leo discusses the latest economic data and market trends and shares his insights. This is all following the release of a cooler-than-expected CPI report, expressing optimism about inflation trends but cautioning against too much enthusiasm around potential Fed rate cuts. He warns that while inflation has cooled, overzealous expectations for deep rate cuts could lead to market disappointment, especially with the money supply increasing in recent months.

Leo predicts more market volatility ahead, driven by rising valuations and the Fed’s delicate balancing act in its upcoming meetings. However, he emphasizes that volatility presents opportunities for investors, particularly in large-cap U.S. stocks and undervalued international markets. Leo advises investors to stay disciplined, urging them not to get caught up in the hype around a few big-name stocks like Nvidia. Instead, he encourages looking beyond popular picks to uncover hidden value in both domestic and international markets.

As the segment progresses, Leo reflects on how the shifting economic environment – particularly with the Fed’s next moves and inflation control – will continue to shape market opportunities. He also highlights the importance of patience and strategic investment decisions in the current landscape. For more from Leo Kelly on Fox Business check out Verdence in the News, and check out his podcast From The Ground Up  https://verdence.com/podcasts/2273391/