Fed overhauls, AI rotation, and S&P 8,000 targets

The Federal Reserve is overhauling its communication strategy, while OpenAI's IPO is delayed, according to Hennion & Walsh CIO Kevin Mahn and Neostellar Capital Principal Willy Lee, who argue that rotating capital into backdoor AI plays like utilities could help weather oil shocks and push the S&P 500 toward 8,000.

Host Kenny Polcari joins Hennion & Walsh CIO Kevin Mahn and Neostellar Capital Principal Willy Lee to break down the Federal Reserve's communication overhaul, the OpenAI IPO delay, and why rotating capital into backdoor AI plays like utilities could be the key to weathering oil shocks and pushing the market toward S&P 8,000.