10-20% Pullback Healthy for Markets? Dory Wiley's Economic Take & FOMC Concerns

A 10% to 20% pullback predicted by Morgan Stanely (MS) and Goldman Sachs (GS) CEOs can be good for the market, argues Dory Wiley. He points to tech names like Palantir (PLTR) gaining significant traction in recent months that could benefit from a valuation cooldown. He sees small banks benefitting the most in the current economic environment and offers perspective on stocks he is watching. Dory adds that the uptick in inflation makes it difficult for the Fed to cut interest rates further.

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