ROTATION OF FEAR: The three biggest market concerns

• Geopolitical oil shocks are seen as short-lived spikes rather than sustained threats, as indicated by gold pullback, uranium slumping, and flat yields.
• Private credit withdrawals are a concern due to potential negative feedback loops for banks, but not expected to spiral into broader markets.
• AI spending is considered a manageable risk due to its transparency and company-specific nature.
• Stock picks include Carpenter Technology (CPS), The New York Times (NYT), and Five Below (FIVE).

Slatestone chief equity strategist Erin Gibbs discusses the market's 'rotation of fear' focusing on geopolitical risks, private credit, and AI spending. She argues that the recent oil spike is not a long-term shock, and while private credit withdrawals are a concern, she doesn't foresee widespread contagion. Gibbs also provides three stock picks.