Despite the market pullbacks (^DJI, ^IXIC, ^GSPC) during this “Santa Selloff” period that started the new year, Ritholtz Wealth Management Chief Market Strategist Callie Cox remains optimistic about 2025. Appearing on Morning Brief, Cox discusses valuable opportunities in the market, particularly outside of tech, after the Santa Claus rally period. “Value hasn’t worked in a really long time, and I mean that’s also true. I mean, tech is dominant for a reason. But right now you see profits broadening out across the sector,” Cox tells Brad Smith and Madison Mills. “I still think some [interest] rate-sensitive sectors look interesting right now, although I’m getting a little less excited about them now that the Fed [Federal Reserve] is committed to keeping rates somewhat high for a bit and inflation concerns are coming back.”
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