RiskReversal Pod From Meme Stocks to Event Contracts: What's In Store For $HOOD in 2026 with Steph Guild & Steve Quirk
Dec 29, 2025
Steph Guild, Chief Investment Officer at Robinhood, shares her cautious market outlook for 2026, focusing on diversification and tech sector growth. She also highlights the potential of value stocks like Gap and Lululemon amid affordability themes. Joining her is Steve Quirk, Chief Brokerage Officer, who discusses Robinhood's latest offerings, including prediction markets and AI tools for improved trading strategies. Together, they explore how these innovations meet growing customer demand and enhance community engagement among investors.
AI Snips
Chapters
Transcript
Episode notes
Earnings-Driven Market Forecasting
- Steph Guild modeled S&P targets by adjusting sector earnings expectations then applying multiples to derive an index level.
- She expected tech and AI to drive growth but was surprised by extended hardware spending and debt in AI private markets.
Broader Market, Not Mega-Cap Led
- For 2026 Steph forecasts a tempered S&P rise to 7,300 driven by broader, smaller-cap gains rather than mega-cap dominance.
- She expects value and consumer affordability themes to reassert while big hyperscalers lose some tailwind.
Position For A Steep Yield Curve
- Expect a steep yield curve if the Fed cuts short-term rates while long-term rates stay elevated due to fiscal deficits.
- Use sectors like regional banks to express views on curve steepening and benefit from net interest spread dynamics.