Markets Have Become a Little Complacent, Says Burns McKinney

The video discusses the current state of the market, highlighting the S&P 500's performance and the impact of past concerns like global recession fears and Fed policies. It notes the tech sector's strong performance and potential market rotation towards cyclical areas like industrials. The discussion also covers the effects of trade deals on capital expenditure, emphasizing the importance of reducing tariff uncertainty to boost investment.

In what ways might the phase one trade deal influence capital expenditure?

What are the potential effects of tariffs on capital spending according to the discussion?