# Top Investment Strategist: Wall Street is WRONG about AI stocks!

Page: https://stenobird.com/podcast/full-signal-7568617/top-investment-strategist-wall-street-is-wrong-about-ai-stocks
Text version: https://stenobird.com/podcast/full-signal-7568617/top-investment-strategist-wall-street-is-wrong-about-ai-stocks.md
Podcast: [Full Signal](https://stenobird.com/podcast/full-signal-7568617)
Published: 2026-07-09T12:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/philrosen/episodes/Top-Investment-Strategist-Wall-Street-is-WRONG-about-AI-stocks-e3lr7ci
Audio file: https://anchor.fm/s/10b3e31fc/podcast/play/122575698/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-6-8%2F427611497-44100-2-89f4f15c6ce91.mp3
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JSON: https://stenobird.com/v1/public/podcasts/full-signal-7568617/episodes/top-investment-strategist-wall-street-is-wrong-about-ai-stocks
Duration seconds: 2401

## Resource

Julia Hermann is a global market strategist at New York Life Investments, where she helps shape the firm's multi-asset market outlook. She joins Phil Rosen on Full Signal to discuss her contrarian view on the Fed, the memory stock sell-off, parallels between the AI buildout and the dot-com era, and why financials look undervalued right now. Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe Follow Phil on X: https://x.com/philrosenn Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/ Timestamps: 0:00 - Geopolitics noise and signal 2:31 - Fed outlook 4:34 - Rate cut odds 6:11 - Memory stocks in bear market 9:07 - Diversification and quality 12:08 - The narrowing path for markets 15:12 - US vs. world 17:35 - Japan carry trade 20:58 - Sell America 23:58 - Dot-com parallels 29:15 - Infrastructure boom framework 34:30 - Bullish financials 37:16 - What consensus gets wrong 39:17 - Julia's research #podcast #investing #markets #macro #stocks #bitcoin #fed

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## Transcript

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