Where does it go from here, now that the Fed decision, revised SEP and Powell's guidance are out of the way? The Dow and Russell 2000 are still significantly lagging the Nasdaq and "Mag 7" this year, and relative valuations suggest there is room to catch up. But AI optimism might suggest otherwise.The rotation out of Big Tech and growth stocks into small caps and cyclicals was a feature of the summer months but had cooled so far in September. It seemed to show its face on Wednesday, with the Dow and Russell ...

Joining me now is Brian Jacobson, chief economist of Annex Wealth Management. Brian, great to have you back. Thanks so much for joining us.Thank you for having me. I really appreciate it. Let's start with CPI.Consumer prices basically rose in line with expectations in August. What's the takeaway there. I think the key takeaway with the CPI report is that it was nothing really all that exciting for the Fed.So it really I think solidifies that they are likely to cut by 25 basis points next week. There was som ...