Lower Rates a Tail-Wind for Risk Assets, Says Kennon

Clear Harbor Asset Management CEO Aaron Kennon says lower rates will be a tail-wind for risk assets, but that equity returns have been top-heavy recently, with the bulk coming from the biggest names, including Nvidia. He says CPI on Wednesday will be an important data point for when rates will come down, but that there are four more prints before the FOMC’s meeting in September. He spoke with Dani Burger on Bloomberg Brief.
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