Stock markets are trading mixed after an eventful week of economic data releases and corporate announcements. Ryan Detrick, Carson Group's Chief Market Strategist, joins Market Domination Overtime to discuss market outlooks.

Detrick emphasizes that the market's focus is primarily on inflation, with "some big-time improvements" emerging that are steering the economy back toward pre-pandemic levels. He notes that this week's data points have showcased "disinflation" taking place, although the broader public may not fully recognize it yet.

Turning his attention to the impact of current conditions on consumers, Detrick believes that "the top 40% who truly drive the economy are still in good shape, ....and we continue to think the consumer is fairly healthy overall and it should still lead to a bull market."

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Angel Smith