Plumb: U.S. ‘Tipping Point’ to Manufacturing; AMD Bull Case into Earnings

Bullish Gator

Tom Plumb says the U.S. may be shifting from services to manufacturing, advises using fixed income to gauge volatility amid persistent rates, and outlines a bullish case for AMD ahead of earnings.

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What stands out

Tom Plumb's line, "We are in a massive time of need for capital," is the kind of blunt sentence that changes how you watch markets. On Schwab Network he argues the U.S. may be crossing a tipping point back toward manufacturing, that the Federal Reserve will keep rates higher for longer, and that fixed income markets are the best thermometer for volatility. He also singles out Advanced Micro Devices (AMD) as an attractive setup into its upcoming earnings, linking macro capital cycles to semiconductor demand and investment.