Max Wasserman says the market is running on “pure momentum” and FOMO. “I don’t think anyone’s concerned about tariffs right now. I don’t think anyone’s concerned about valuation…people are ignoring interest rates.” He thinks the market will wake up sometime in the fall, especially as the Fed moves: “at some point, gravity’s going to come in.” He likes Visa (V), especially towards the end of the year.
Market On Close
09 Jul 2025
SHARE