“All systems are go” after Kevin Warsh was nominated for Fed Chair, says Jay Hatfield, whose SPX target by year-end is 8,000. He anticipates 3 cuts and sees the 10-year at 3.75, citing the terminal rate of Fed funds. However, he’s a little concerned about the Fed sticking to the “arbitrary” 2% inflation rate. His individual picks include Marvell (MRVL), Broadcom (AVGO), KKR & Co. (KKR), Apollo Global (APO), and Citizens Financial (CFG).

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