The Wise Investor Show®

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...

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...

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...

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...

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...

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 St...

Simon discusses the recent rotation in the stock market to former laggards as well as how to think about a possible AI bubble. He suggests that, while there is precedent for a midterm election- year correction, there remains a good case for double-digit earnings growth and stable valuations. He cautions investors on the likelihood of continued ebbing in house prices, which could lead to lower retu...

In today's Wise Investor Show podcast, Senior Financial Planner Greg Smith covers some year-end recommendations that you shouldn't sleep on, after you've enjoyed your post-turkey, tryptophan-induced nap.  Time, being in close contact with your tax preparer, and awareness of where your income will likely land for the year will all be of the essence to help you determine if you're close to being abl...

Simon discusses the recent vacillation in market sentiment regarding AI-related names. The bar is high for their execution and investors are well-served by preserving portfolio and, most importantly, emotional balance. He also considers how better than expected corporate fundamentals are driving longer term results and how they are expected to continue to improve next year. Meanwhile, investors ar...

The markets have been flying blind through the shutdown and as they emerge from the clouds they're not happy with what they're seeing. Chase discusses this week why we're seeing selloffs, what to look for in the coming weeks, discounting further rate cuts, and starts to explore where we should have our money for the next year.   The foregoing information has been obtained from sources considered t...

Simon considers the massive 10-year rally in the Technology stock-heavy Nasdaq in the context of other historical bull markets and suggests it does not necessarily have to end with a crash. Investors might need to distinguish between short-term corrections of speculative excess and protracted downturns. He also highlights the latest developments in tariff policy, Fed action and Supreme Court consi...

The forces that are driving our economy are starting to sabotage it at its core, as the application of artificial intelligence is starting to kill the workforce. This week Chase looks at how a central bank with a duel (pun) mandate is challenged by a stagflation scenario as well as the potential for a strong economy with rising unemployment.   The foregoing information has been obtained from sourc...

Simon considers the continued strong stock market momentum and how it augurs for more gains over the coming 6-12 months. However, he cautions that the margin for error is thin at current stretched valuation levels and how discipline must be maintained given the high likelihood of bumps along the way. He places the current parabolic move in gold in historical context and questions the merits of the...

In this episode of The Wise Investor Show, we dive deep into the world of MAGI—Modified Adjusted Gross Income—and explore how misjudging it can lead to costly mistakes. From losing valuable deductions like SALT and the Senior Enhanced Deduction, to triggering Medicare IRMAA surcharges and falling off the ACA subsidy cliff, we break down the key income thresholds you need to know.   But it's not al...

With the shutdown continuing, focus has gotten a bit myopic for the week and been dominated by a narrative of if the AI economy is forming a bubble. Chase looks at these risks, shares the thoughts of those that think we're not there yet and also this week he looks at the long term problem that all this investment could be very destructive.    The foregoing information has been obtained from source...

Simon discusses how to think about historically expensive stock valuations and argues it likely does not make sense to avoid equities solely for this reason. He considers the Technology behemoths relative to their incredible fundamentals and makes some side-by-side comparisons to the Dot Com bubble environment. Simon shares some recent observations on Pharmaceutical industry performance and ABBV,...

The Fed delivered on expectations, cutting rates and appearing to enter a cycle of lower rates. Lending spreads are at historic lows and money is getting cheaper. On this week's podcast, Chase looks at why the market is now lower than before that rate cut and what the experts are saying comes next for both the economy and your investments.   The foregoing information has been obtained from sources...

Simon comments on this week's Federal Funds rate cut and what historical precedent suggests about the possible market reaction. He cautions against considering their policy in isolation and argues that profit margins, productivity, valuations and overall consumer health will ultimately be more impactful on stock prices. He encourages investors to consider their cash positions in light of likely fa...

As the economy shows some signs of weakness, the market has largely done very well. On this show, Chase examines what evidence is pointing to the Fed moving next week, as well as what comes after that, and if it's not monetary policy but other issues making you ill, he also looks at a drug stock that's providing some good answers and more on this week's Wise Investor Show.    The foregoing informa...

Simon suggests investors should remain focused on news flow the markets actually care about and not yield to distractions. Stock prices are arguing economic conditions, consumer spending and corporate earnings will improve next year and seem willing to look past a potentially transitory slow down. The stock market is also suggesting by the recent rotation into cheaper sectors that stretched valuat...

The Fed Chair's remarks last week propelled the market to new heights, seeing a broad based rally. This week, Chase discusses what the market liked from Powell, what to watch out for before he next appears and he also reviews the results from one of the most important drivers of the market's rally over the past 5 years.   The foregoing information has been obtained from sources considered to be re...

Simon discusses the challenging combinative of stretched S&P 500 valuations, a belief in the infallibility of AI-related names and extreme concentration of a handful of such AI/Tech-related names in the index. The result is a market backdrop that leaves little margin for error. Simon suggests stocks could be vulnerable to increased volatility, although rotation into some of the "unloved" sectors,...

This week Chase doesn't make the case for while we must be cautious but focuses on the root causes for the rally and why it's likely to continue. That along with an update on a very widely held stock that got a bit beaten down this week. 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...

Simon discusses how U.S. stocks in aggregate continue to trade well even in the face of deteriorating economic data. He wonders if more tariff visibility will spur economic activity even if the tariffs, themselves, are a drag on corporate margins and consumer spending. He also considers positive offsets from the new tax bill and heavy AI-related capital expenditures. He comments on the latest earn...

While we take a look at some of the recent economic developments, this week Chase goes on to consider how much profit was made off the development of the products that led to the Matrix, before the computers turned all the people into car batteries. He looks at the results from one of the leading names in the AI space and considers if the amount of money being invested in the space can lead to a r...