RBC's Calvasina: Market Ready to Rotate Back to Value

The transcript discusses the financial sector's current state, highlighting optimism among analysts and potential growth in regional banks and small cap financials. It examines market trends, including growth versus value and small versus large cap stocks, and maintains a cautious S&P 500 target. The conversation also explores sector rotation and long-term investment themes like AI and reshoring, suggesting potential opportunities over the next 6 to 12 months.

What is the speaker's target for the S&P 500, and what does it represent?

What long-term economic themes does the speaker express sympathy for?