Dale Smothers Makes Interest Rate Hold Case as Kevin Warsh Faces "Trapeze Act"

• Smothers argues the Fed could hold rates, citing low core inflation (ex-food/energy) since 2021, despite the market pricing in a 25 bps hike.
• He believes a rate hike, if it occurs, will not 'kill the bull run' as it's largely priced in, and earnings growth continues to drive the market.
• Smothers is bullish on the AI trade, expecting it to continue well into 2028 due to sustained spending and revenue growth.
• Key stock picks include Apple (AAPL), Marvell (MRVL), Palantir (PLTR), and the Innovator Growth Power Buffer ETF (NSEP) for a 'seatbelt' approach to AI investing.

Dale Smothers discusses the upcoming Fed interest rate decision, suggesting the Fed has reasons to hold rates despite market expectations for a hike, especially when stripping out food and energy inflation. He maintains a bullish outlook on the market, particularly the AI trade, and provides specific stock recommendations within the tech sector.