This week Gary focuses on the impact of the events in Iran on the markets. With around 20% of the world’s oil and liquified natural gas (LNG) flowing through the Strait of Hormuz, there’s been a surge in oil prices, which could have an inflationary impact.
At this point, it is clear that artificial intelligence is dramatically reducing the cost of producing code. Tasks that once required large engineering teams can now be accomplished faster, cheaper, and at greater scale — often by a single developer using AI tools.
Gary analyzes three themes driving the markets this week: the diverging performances of the primary equity indexes; volatility in the tech markets driven by AI-disruption fears; and the imminent inflation (CPI) report.
Betting against the American consumer is rarely rewarded. Consumer spending remains the core engine of U.S. economic growth, with weekly Redbook retail sales consistently posting annual gains above 5% over the past year.
This week was dominated by monetary policy and Microsoft. Gary analyzes the Fed’s decision to keep interest rates steady for the first time since July. Microsoft had a difficult week, losing around $400 billion in market capitalization when their shares fell 12% after their latest earnings report. Watch the video below for the full analysis.
Wealth Enhancement's investment team shares a recap on how the markets performed in 2025 and provides insights on the themes shaping the markets in 2026. They cover the latest updates on AI, geopolitics, the labor market, and inflation.