Markets still need to see diminishing inflation, improving China market, and easing tensions in geopolitical tensions in conflict areas, notes David Darst. He discusses 4Q expectations after August and September weakness. He talks about how the Fed appears prepared to bring inflation down even if it puts pressure on growth and the economy. He expects policy rates to stabilize and yield spreads to widen. He mentions that this will provide attractive valuations in credit sectors. He then goes over his stock picks Colgate-Palmolive (CL) and Oracle (ORCL). Tune in to find out more about the stock market today.