Broadening Tech & Post-SPCX IPO Market Shows Strength, Fed Uncertainty Lingers

"The U.S. outperformance story remains resilient," says Jayme Colosimo, who talks about tech broadening beyond the Mag 7 as a sign of strength. A signal of weakness she sees: the jobs market, highlighted by recent data. At the same time, Jayme doesn't see much concern on the inflation front that will lead to interest rate hikes. She urges investors keep an eye on the IPO story following SpaceX's (SPCX) massive debut in public markets.

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