'Green light' away from AI trade: Two ETF executives see a key market shift underway
CNBC·2025-11-28 05:00
A key rotation away from artificial intelligence stocks may be underway in the market.According to Astoria Portfolio Advisors' John Davi, a broader range of stocks are getting a "green light" because liquidity is returning to the system."The Fed cut rates four times last year. They cut rates twice already. They're going to go again whether its December [or] January," the firm's CEO and chief investment officer told CNBC's "ETF Edge" this week. "Historically whenever the Fed cuts interest rates, usually that ...