Markets may have found a floor after the CPI report, but can they keep climbing? Mabrouk Chetouane believes the Fed is ready to deliver rate cuts, possibly even 50 basis points in September, following in the footsteps of other central banks like the RBA and BOE. With a global growth slowdown underway, Mabrouk thinks the time is right for the Fed to ease up on interest rates. He's also bullish on the U.S. equity market, particularly in tech, despite high valuations, citing strong earnings and a boost from AI and capex spending.