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Speaker 1: This episode is brought to you by P and C Bank.

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Speaker 1: A lot of people think podcasts about work are boring,

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Speaker 1: and sure they definitely can be, but understanding of professionals

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Speaker 1: routine shows us how they achieve their success little by little,

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Speaker 1: day after day. It's like banking with P and C Bank.

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Speaker 1: It might seem boring to save, plan and make calculated

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Speaker 1: decisions with your bank, but keeping your money boring is

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Speaker 1: what helps you live or more happily fulfilled life. P

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Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

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Speaker 1: Boring since eighteen sixty five is a service mark of

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Speaker 1: the PNC Financial Service Group, Inc. P and C Bank

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Speaker 1: National Association Member FDIC.

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Speaker 2: What is the outlook for twenty twenty six in the market.

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Speaker 3: It's gonna be tumultuous, but I think it an impositive

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Speaker 3: and then twenty twenty seven that will have iceberg slim

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Speaker 3: show up. The most important lesson that I need you

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Speaker 3: guys to know for twenty twenty sive whether we have

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Speaker 3: a deep decline or we're flat. Your job is to

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Speaker 3: accumulate as many assets as possible. Now, you got to

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Speaker 3: be an asset order like if it's accumulation time. For

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Speaker 3: those of you who believe in micro strategy. If you

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Speaker 3: believe in that, then it's time for you to pile in.

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Speaker 3: If you believe in bitcoin, it's time for you to

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Speaker 3: pile into that. A lot of you asking about SpaceX. Okay, well,

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Speaker 3: let's cover Microsoft first, your index funds first. But this

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Speaker 3: has to be a deep accumulation year. And also too,

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Speaker 3: now's not the year for you to learn more. And

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Speaker 3: I know he just said that, but in the market,

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Speaker 3: we've given you what to invest in, you have.

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Speaker 2: To deploy more capital.

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Speaker 3: There the sense that I get from every person that

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Speaker 3: I talk to, and no one knows what the free

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Speaker 3: fall cause is going to be, but everyone I talk

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Speaker 3: to knows that there's going to be a free fall

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Speaker 3: at some point in twenty six going into twenty seven.

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Speaker 3: And here's the part that no one's going to tell you.

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Speaker 3: No one's going to save you when you're in desperation,

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Speaker 3: because no one really gives a fun.

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Speaker 2: That's why most.

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Speaker 3: People who have information, they're quieter than ever. In Gatekeeper,

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Speaker 3: there's not many people telling you. Even on SpaceX, thank

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Speaker 3: god for VLAG, but look how much pushback they gave

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Speaker 3: him on tokenization.

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Speaker 2: Of pre IPO assets. We got this.

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Speaker 3: Market down, but they're going to block you out. The

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Speaker 3: VC and the angel deals. Why the private equity deals.

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Speaker 3: Why because they don't want you to have access to it.

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Speaker 3: They want to keep that one percent. It's like, well,

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Speaker 3: we gave y'all a stock market. You can have that,

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Speaker 3: but the seven hundred percent gainers that you can get

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Speaker 3: before even hits the market, we don't even want you

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Speaker 3: to touch that.

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Speaker 2: Yeah.

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Speaker 4: I think that's why this is such an important time,

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Speaker 4: such an important show, such an important moment.

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Speaker 2: Twenty twenty six. I'm optimistic about it.

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Speaker 4: And there's a couple I always talk about catallus events

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Speaker 4: and things that can have the market move. I think

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Speaker 4: if you look at the the Hyperscalers, the Metas, the Amazons,

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Speaker 4: the Microsofts of the world, Google's Tesla, I think from

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Speaker 4: what we've seen in twenty twenty five and what their

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Speaker 4: future projections are for twenty twenty six, I think the

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Speaker 4: Cappeck story still is the same. You ask yourself the question,

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Speaker 4: are they going to spend less or are they going

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Speaker 4: to spend more?

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Speaker 2: And the answer is more.

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Speaker 4: And if we're talking about infrastructure, are we talking about

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Speaker 4: spending less? Are were going to be talking about spending more.

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Speaker 4: We're going to be talking about spending more. We're spending more.

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Speaker 4: Deregulation is a word that keeps coming up, and I

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Speaker 4: think it plays a major part into the story of

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Speaker 4: twenty twenty six in terms of AI, specifically when we

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Speaker 4: talk about Jensen and our battle, our race to make

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Speaker 4: sure that we stay ahead of China, he said, the

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Speaker 4: deregulation is going to be the biggest issue. Right If

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Speaker 4: it takes us six weeks to build or six years

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Speaker 4: to build a data center and it takes them two

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Speaker 4: days to build a hospital, that's going to be a

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Speaker 4: problem for us in the future. We have to figure

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Speaker 4: out how we can get these things happening in ult

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Speaker 4: ground faster, to the point where now AI deregulation is

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Speaker 4: going state by state, so.

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Speaker 2: You start to see the early signs with that.

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Speaker 4: Deregulation helps the AI industry, but it also helps the

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Speaker 4: financial industry when we're talking about banks, and we'll talk

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Speaker 4: about those a little bit later.

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Speaker 1: So that's a tale that I think helps the market.

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Speaker 1: When you talk about autonomous and EV this is the

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Speaker 1: year for Tesla, so it show improve.

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Speaker 2: So that's another event. I think the new fetcher.

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Speaker 4: Right, This is not going to be a person who

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Speaker 4: is going to be, you know, someone that's going to

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Speaker 4: set the economy back, or you would think if or

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Speaker 4: they wouldn't be selected.

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Speaker 2: So that is one.

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Speaker 4: The China story with Nvidio is another one. I think

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Speaker 4: that first half of the year, I'm super optimistic. I

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Speaker 4: think we're going to have another positive year. I know

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Speaker 4: you we're pacing. We're pacing at seventeen percent right now

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Speaker 4: or just under it three years and potentially of twenty

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Speaker 4: percent gains. Now, that's happened once before. I was listening

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Speaker 4: to Tom Lee earlier. It was like, we've seen this

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Speaker 4: happen in the nineties when we were talking about the internet,

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Speaker 4: and then that fourth year was actually one of the

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Speaker 4: better years out of the four. Obviously we know what

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Speaker 4: happens in ninety nine and two thousand, But I'm optimistic

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Speaker 4: about the market. I saw Oppenheimer had an S ANDP

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Speaker 4: target of eighty one hundred, and then there was sp

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Speaker 4: rays of seventy one hundred. But that meeting it's like

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Speaker 4: seventy seven hundred, which tells us again that we potentially

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Speaker 4: will be sitting at another eleven to thirteen percent game

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Speaker 4: for the SMP, which is I mean just above average,

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Speaker 4: was as good, so I'm optimistic about it. I think

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Speaker 4: toward the end of the year we may see some

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Speaker 4: tailwinds that might turn the market a little bit negative. Obviously,

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Speaker 4: this is a mid term year.

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Speaker 1: We already spoke about how markets perform in midterm years

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Speaker 1: as government chain and political offices change, so we'll be

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Speaker 1: looking toward that in November.

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Speaker 2: But I think we set off the year pretty well, and.

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Speaker 3: You got to be more focused on the decade targets

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Speaker 3: as a gym. I think too often people get too

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Speaker 3: caught up in how a year is going to do,

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Speaker 3: opposed to if you really want generational wealth, if you're

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Speaker 3: not willing to hold for ten years, you're just talking.

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Speaker 3: You're missing on too much upside to care about what

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Speaker 3: it was going to happen in a quarter or six months.

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Speaker 1: Yeah, and I don't I say that because I don't

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Speaker 1: want people to be fearful, right Like, they keep hearing

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Speaker 1: about this crash, they keep hearing about we're going into recession,

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Speaker 1: and then it doesn't happen, and then you don't do

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Speaker 1: anything because you kept listening to what people were saying.

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Speaker 3: So well, we hear recession in twenty two and they

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Speaker 3: changed the definition of what it was. But that was

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Speaker 3: an immense boyd opportunity, just like they won't print the

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Speaker 3: fit reports now.

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Speaker 4: Yeah, and look at the returns out of that from

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Speaker 4: twenty two, right, you're talking about again three years or

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Speaker 4: potentially twenty percent games So you can't the recession if

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Speaker 4: it does happen, right, or let's say we have a downturn,

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Speaker 4: We've just got to be prepared for that because that's

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Speaker 4: when people are going to make money. That's the exact

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Speaker 4: time when you should be investing in Like, okay, here

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Speaker 4: we are. We were prepared for it. We got our

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Speaker 4: entry prices, whether it was in futures and options. If

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Speaker 4: you're just buying equities, now we can grab those shares

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Speaker 4: that we want at a price that we want. Unlet's

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Speaker 4: watch those returns over the next two, three, five, ten,

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Speaker 4: twenty years.

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Speaker 2: Earners, what's up?

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Speaker 1: You ever walk into a small business and everything just works,

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Speaker 1: like the checkout is fast, or seats are digital, tipping

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Speaker 1: is a breeze and you're out the door before the

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Speaker 1: line even builds. Odds are they're using square? We love

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Speaker 1: supporting businesses that run on Square because it just feels seamless.

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Speaker 1: Whether it's a local coffee shop, a vendor at a

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Speaker 1: pop up market, or even one of our merch partners,

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Speaker 1: Square makes it easy for them to take payments, manage inventory,

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Speaker 1: and run their business with confidence, all from one simple

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Speaker 1: sit system. One of the things we love most is

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Speaker 1: seeing neighborhood businesses level up. Dises's West Indian Spired writing

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Speaker 1: our community that started with a small takeout counter. Now

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Speaker 1: with Square they've been able to expand into a full

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Speaker 1: sit down restaurant and even started catering events across the city.

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Speaker 1: That's the kind of growth that inspires us, and it's

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Speaker 1: powered by Square. Square is built for all types of businesses,

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Speaker 1: from the corner bagel shop that turned into a local chain,

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Speaker 1: to the specialty market with thousands of unique items, to

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Speaker 1: the stylist who's been holding you down for years. If

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Speaker 1: you're a business owner or even just thinking about launching

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Speaker 1: something soon, Square is hands down one of the best

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Speaker 1: tools out there to help you start, run and grow.

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Speaker 1: It's not just about payments, it's about giving you time

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Speaker 1: back so you can focus on what matters most. Ready

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Speaker 1: to see how Square can transform your business, visit Square

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Speaker 1: dot Com backslash, go backslash eyl. To learn more that

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Speaker 1: Square dot com backslash, go backslash eyl, don't wait, don't hesitate.

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Speaker 1: Let's Square handle the back end so you can keep

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Speaker 1: pushing your vision forward