Closing Bell Closing Bell: How High Can Stocks Climb? 2/10/26
6 snips
Feb 10, 2026 Leslie Picker, CNBC banking reporter sharing on-the-ground consumer and broker moves. Lauren Goodwin, New York Life Investments portfolio manager discussing macro, allocations and AI trends. They cover rotation from megacaps into cyclicals, AI’s infrastructure pull, international and emerging market opportunities, and fresh reporting on big corporate bond moves.
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Broad Market Breadth Hides Underlying Rotation
- Market breadth has held despite mega-cap weakness, signaling rotation beyond AI-led winners.
- Liz Young notes money rotated within equities rather than fleeing to bonds or cash.
Global Fiscal Impulse Broadens Opportunity
- Fiscal and monetary impulses are supporting growth both in the U.S. and abroad.
- Lauren Goodwin highlights that incremental dollars are being deployed into non-U.S. and cyclical exposures.
Tilt Toward Emerging Markets And Cyclicals
- Consider overweighting emerging markets and cyclicals as the dollar weakens and global investment rises.
- Liz Young calls emerging markets especially attractive in this environment.