Citi Wealth's Kate Moore on Why She Still Prefers Equities Over Bonds

Citi Wealth's Kate Moore joins the program to explain why her conviction in the equity trade remains intact even as Alphabet's results spark a pullback in stocks. The conversation covers tech earnings, the Federal Reserve's latest messaging, cybersecurity spending trends, and the trade-offs between equities, credit, and cash.

■ Market Backdrop and Tech Earnings
- The reaction to Alphabet's results and Caterpillar's guidance, and what it signals about positioning
- Third-quarter earnings strength and forward estimates across the market

■ Fed Policy and the Rate Outlook
- How Moore reads the Fed's latest statement and press conference
- The steepening of the long end and what it implies for a longer-term inflation regime
- The conditions under which Moore would shift toward bonds

■ Corporate Spending and Risk
- Citi's survey of chief technology officers on expected security spend
- How companies are balancing resilience investment with cost discipline
- Free cash flow trends at major tech firms as a focal point for guidance

■ Where to Allocate Now
- Equities versus credit versus cash in a high-inflation environment
- Credit spreads and why Moore still favors equity risk at this stage

This is suited for investors and market watchers who want a portfolio manager's reasoning on asset allocation rather than a trade-by-trade commentary. Viewers can come away with a framework for weighing earnings, policy signals, and credit conditions when deciding where to put capital.