Simon discusses the violent churn in the markets that includes rotation into "old economy" industries as well as significant AI disruption fear-related selling. The sustainability of the moves will likely depend on the impacts to corporate earnings and whether profit margin gains can expand beyond the Technology space. Simon cautions against trying to trade the momentum as sentiment can be fickle, while he also suggests some behavioral mistakes that can lead to investing mistakes. He reviews the latest earnings reports and news flow from GOOGL, UBER, VST and LLY.

WIG Stocks: GOOGL, UBER, VST and LLY.

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

Simon reviews the extreme volatility in sentiment and liquidity-driven asset classes such as crypto and precious metals. He argues that investors should consider as peripheral rather than core investments. He considers the significant rotation within the stock market and the fundamentals needed to sustain. He also frames the latest in the economy from the path of the U.S. dollar to the new Fed Chair. Simon then reviews the latest earnings reports from AAPL, V, VZ and T.

WIG Stocks: AAPL, V, VZ and T

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

The economic developments were a bit of a snoozer this week but while he does give some attention to the Fed's meeting, on this week's show Chase reviews the earnings results and subsequent reactions to some big names in the markets.

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

Simon discusses how challenging market timing can be even if one knew economic outcomes ahead of time. He argues for discipline in a frenetic, headline-driven environment. He suggests that valuation expansion, leverage levels and recent stock performance are not all that suggestive of a large cap Technology bubble and how rotation into other asset classes, as well as the "other 493" within the S&P 500 are healthy developments. Portfolio diversification is challenging to maintain and requires multi-year patience.

WIG Names: None

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

The markets were bobbing an weaving to a string of headline jabs this week, while digesting some important economic data and earnings reports. On this week's show, Chase reviews what's happened, struggles to conclude where we are as they continue to seek resolution but then updates one of the groups top holdings.

WIG Stocks: DHR

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

Simon discusses the emergence of "grey swans": potentially impactful events that have been considered but only lightly so and not adequately discounted in market prices. He comments on the latest around Venezuela and possible ripple effects. He also shares some timeless lessons re-learned from last year's market behavior and frames the current economic and stock market backdrop. He highlights the recent rotation out of Technology/AI into other areas of the market and argues for proper portfolio balance.

WIG Stocks: None

Non-WIG Stocks: None

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

2026 brings new rules that Financial Planner Ann Summerson covers including changes to charitable distribution deductibility, 529 plan usage, qualified retirement plan contributions and more. And Ann introduces The Wise Investor Group's newest team member, Maritza Hernandez, who joins Ann for the second half of the podcast.

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

While looking at the recent activity in the economy and sharing some forecasts for the coming year and 2027 too, this week's show also focuses on previous milestones in the markets, going back to Dow 10,000 and what that means as the markets close out this year near all time highs and new milestone levels.

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

Simon discusses the significant rotation out of AI/Technology names into other corners of the stock market. He suggests the shift could have some legs, although the less speculative pockets of the AI universe could start to offer value. He also examines the disconnect between "Wall Street" and "Main Street" and offers some opinion on why stocks are outperforming the economy. He then discusses the latest news flow from LLY, COST and AVGO, the latter two of which have sold off sharply in recent weeks.

WIG Names: LLY, COST, AVGO

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.

Jerome Powell and the Federal Reserve gave the markets a good shot in the arm this week with a rate cut and a more benign outlook than was expected, opening the door to more cuts. This week, Chase Hinderstein talks about why the language was more dovish than the media coverage realized, why this powered the markets back to near all time highs, and he goes on in the show to discuss a few of Wall Streets 2026 outlook reports as we set the stage for next year and beyond.

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.