Asking about Santa Claus rally belief and whether it will come through this year after missing last two years.
Frank
Mark Smith
Consumer has a lot of money left to spend, retail numbers will be very good this year, Santa Claus rally will show momentum into 2026.
Noting metals hitting record highs and silver worth more than oil for first time since dot-com bubble, asking what this says about market going into new year.
Frank
Mark Smith
Commodities have shown resilience over last three years and will continue, most wealth management firms say gold could hit $5000 in 2026, silver will follow.
Asking what momentum he's seeing and whether it carries into new year.
Frank
Mark Smith
Loving momentum in communication services, industrials, and financials.
Asking if momentum in communication services carries into new year and about specific themes in that sector.
Frank
Mark Smith
Theme is consolidation - never seen this much consolidation before, will be great for profit margins.
Asking about Fed minutes importance for 2026 outlook.
Frank
Mark Smith
Rates and where they will be is huge backdrop for being propelled higher in 2026.
Asking how many rate cuts expected next year and if Fed minutes could change his mind given FOMC changes.