I think the timing of a rate cut will continue to get pushed to the right and disappoint the market, notes Bryant VanCronkhite. He discusses factors driving the market action. He talks about how employment is a key driver of market action and the Fed’s key risk to their price stability mandate. He highlights that consumer staples and healthcare sectors are looking increasingly attractive. He then goes over Alphabet (GOOGL), and notes that of the mega caps, it seems to be the least loved. He mentions that YouTube ad spend will not see the typical cyclical drops as the economy slows. Tune in to find out more about the stock market today.