Wells Fargo Investment Institute Prefers US Stocks Over Internationals

The transcript discusses market reactions to CPI changes, suggesting that the recent reaction was an overreaction. It explores the Fed's potential to downshift monetary policy, with a focus on tapering rate hikes. Investment strategies are discussed, emphasizing quality over cyclicals, with a preference for US markets, particularly in tech and energy sectors. The challenges of international investments are highlighted, noting the impact of the strong dollar. The transcript suggests being selective and patient in investment decisions.

What are the implications of inconsistent CPI prints on market reactions?

In what ways should investors be selective when investing in the tech sector?