The market (^DJI, ^IXIC, ^GSPC) awaits key inflation data alongside the Federal Reserve's latest monetary policy decision on Wednesday. While many believe the European Central Bank is already in reach of interest rate cuts, what are some segments of the US market watching the Fed ever so closely?

Schwab Asset Management CEO and CIO Omar Aguilar joins Yahoo Finance's Market Domination to talk about the developed markets and high-quality segments where investors can find the best growth opportunities in.

"Free cash flow yield companies that generate enough free cash flows. Companies with the stability of earnings and companies that continue to have good dividend potential growth," Aguilar states. "They don't necessarily have high dividend pays, but they can actually generate consistent dividends. And if you actually look at that cohort, that has outperformed the market by roughly around 10% over the course of the last year."

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

This post was written by Luke Carberry Mogan.