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Post-Pandemic Economic Cycle: The economy hasn’t followed a traditional business cycle since COVID-19, resembling more of a “wartime recovery” similar to the World War II era, with significant government spending and market disruptions.
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Federal Reserve Strategy: Scott expects the Fed will likely cut rates by 25 basis points in December, using the press conference to signal a more data-dependent approach in upcoming meetings.
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Tech and AI Investment: The AI theme is driving significant investment, with Scott comparing the current moment to the mid-1990s tech boom. He argues that investors “can’t not own” tech.
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Housing Market Potential: Scott anticipates mortgage rates could drop 100 basis points in the next 12 months, potentially revitalizing the housing market and creating opportunities for home builders.
