erin browne out today with her new asset allocation outlook and joins me for an exclusive interview.u. >> nice to be here. >> one thing that jumps out to me is that this is what you told our producers. you are modestly -- you have modestly overweight equities, which sounds like a, dare i sa , modest drop down from where you were before. am i right or wrong? >> are positioning really hasn't changed with inequities in terms of the aggregate length. on a scale of -10 to positive 10, five out of 10. equities relative to where we have been. that remains consistent, but we are broadening the lens in terms of exposures outside of ai tech into a much broader diversified set of assets that we now like within equities. >> you are a believer in the broadening story? if you are moving to diversify away from tech, where are you diversifying into? >> first, starting to see a change and turn in the global pmi's, so you are saying manufacturing growth bounce up. not only that, but you are seeing export orders from our largest trading partners who start to pivot positively and incrementally. some of

welcome in pimco's erin brown. nice to sea you on the east coast. >> nice to see you as well. >> this everything rally pretty amazing. does it continue >> i think it does as we heard from the first quarter earnings season, strong earnings across the board. what's important to keep in mind you see an inflection and broadening out not just technology leaning in terms of earnings recovery, but it's broadening out to more sectors as well. yes, we're trading at highs on the dow, close to highs on the dow, you know, same across most indices, but i think what you'll see as we move through the rest of this year this broadening out will drive more flows into the equity market and start to see real participation from more of the cyclical sectors of the economy. that i think is encouraging over the last couple weeks has been to see the metals, mining, industrial companies now starting to really lead. and we're starting to see that i think be more of a driver into the second half of the year. >> over the last six months to you

so-called everything rally can keep going we'll ask our experts over the final stretch including erin brown at the scorecard with 60 minutes in regulation today. nasdaq is leading. nvidia back to $950 a share. a couple days ahead of its earnings apple not far away from a new high as its comeback continues wealth financials are in

. >> jalen brown has the crowd on their feet as he forces ot in the first outing of the eastern conference finals. thanks for joining us for 25. i'm your host erin