Dan Skelly

Dan Skelly, a Senior Investment Strategist at Morgan Stanley Wealth Management, shares insights on the 2026 U.S. stock market outlook. He builds a bullish case while emphasizing potential volatility and inflation risks for retail investors. Skelly recommends diversifying portfolios with AI infrastructure and utilities to hedge against inflation. He also discusses the broadening market drivers, particularly the role of AI and financial sector opportunities. The conversation highlights the importance of strategic investments in consumer platforms and industrial sectors.

Omar Aguilar, CEO & CIO at Schwab Asset Management, highlights the need to trim momentum stock exposure amidst inflation uncertainty. Henrietta Treyz, Director of Economic Policy Research at Veda Partners, analyzes the political landscape post-shutdown, discussing voter concerns and midterm implications. Dan Skelly from Morgan Stanley shares insights on market valuations and the healthy rotation in stocks. Finally, Venu Krishna, Head of US Equity Strategy at Barclays, presents an optimistic year-end target for the S&P 500, fueled by AI advancements and improving earnings.

Governor Ned Lamont of Connecticut discusses the pragmatic shift in Democratic politics, contrasting it with the Biden Administration. Dan Skelly from Morgan Stanley warns that a 'red sweep' in the upcoming elections could lead to market volatility. Jeremy Stretch from CIBC provides valuable insights, suggesting the market appears oversold and analyzing the interplay between ECB and Fed policies. The conversation also touches on immigration challenges and their impact on the business landscape amid a transforming electoral climate.