Top Strategist: This portfolio WINS the NEW LIQUIDITY REGIME

<p>Julia Hermann is a global market strategist at New York Life Investment Management. She joins Phil Rosen on Full Signal to discuss the shift to a market-led liquidity regime, the future of the Fed put, political pushback on AI data centers, why she's still bullish on financials, and where she sees opportunity in the year ahead.</p><p><br /></p><p>This episode is sponsored by Y'all Street Asset Management: https://www.yallstreetetfs.com/</p><p><br /></p><p><br /></p><p>Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe</p><p>Follow Phil on X: https://x.com/philrosenn</p><p>Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/</p><p><br /></p><p>TIMESTAMPS:</p><p><br /></p><p>0:00 - New liquidity regime</p><p>4:43 - Rethinking the Fed put</p><p>7:04 - Don't count on a bailout</p><p>8:08 - Rise of non-bank liquidity</p><p>10:11 - Kevin Warsh and market-led policy</p><p>13:09 - Total portfolio approach</p><p>15:42 - What to buy for the next decade</p><p>17:11 - AI driving capital </p><p>20:33 - Midterm elections</p><p>22:14 - Political pushback on data centers</p><p>25:41 - Financials</p><p>27:33 - Why not just own tech?</p><p>30:47 - Fixed income</p><p>32:12 - 5% yields vs. stocks</p><p>35:26 - Should we trust the Fed?</p><p>36:45 - Unreliable jobs data</p><p>39:12 - Follow Julia</p><p><br /></p><p>#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed</p>