Market "Churn" Good Long-Term, Mind "Speculative" Utility Plays

Cooper Howard with Charles Schwab says the latest round of economic data won't do anything to shift the FOMC's interest rate path. He says the recent prints show economic strength with pockets of weakness that warrant cuts. Joe Mazzola adds that "churn" markets are currently seeing are healthy for long-term outlook. He also notes what he considers "speculative" utilities plays like nuclear power companies and talks about his warning to investors.

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