Please feel free to read the blog post: #investing #stocks #bonds #options
https://www.linkedin.com/pulse/week-barrons-01042026-r-f-culbertson-rsm0e
Factually: (a) The S&Ps gained +16.4% in 2025 (+17.9% including dividends). (b) The S&Ps lagged global stocks which saw 30%+ returns. (c) Investor sentiment is booming, yet economic confidence is gloomy. (d) Tech sector earnings are going vertical, and non-tech is going sideways. And (e) Tech/mega cap valuations are extremely expensive, and non-tech/small-to-mid-sized cap are cheap. Overall, per Callum Thomas: It turned out to be a good year for US stocks and a great year for global stocks. Sentiment is riding high as most everyone is patting themselves on the back following the gains of 2025. Keeping and building on those gains in 2026 is going to take a balance of optimism, trend following, and realism around some of the risks building up in the markets. Things are currently expensive, but the market will keep going up until it doesn’t; and when it peaks it will turn down faster than expectations – leaving little time to react. Please feel free to read the rest of the blog post: #investing #stocks #bonds #options
https://www.linkedin.com/pulse/week-barrons-01042026-r-f-culbertson-rsm0e
Please feel free to read the blog post: #investing #stocks #bonds #options
