Excess liquidity; pockets of opportunity in energy + industrials

David Trainer says the Fed and liquidity remain a salient driver of markets (0:23). Big opportunity now in energy and industrials (3:40). This is an abridged conversation from Seeking Alpha's Investing Experts podcast.Episode transcripts: seekingalpha.com/wsbShow links: It's All About LiquidityOpportunity Today Is In Energy, Especially Oil And Gas - Chris DeMuth Jr.Citi says no U.S. soft landing, recession signs by summerRate cuts can start this year if disinflation continues: Powell in Senate hearingSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.