David Sekera, CFA

We expect volatility to persist in 2026 and recommend balancing undervalued growth stocks with high-quality value stocks.

Use the volatility to your advantage; where to harvest gains and where to redeploy.

Stability at the surface, turbulence below.

Greatest fair value increases include late-cycle tech stocks.

And whether investors should worry about Berkshire Hathaway’s recent exit from the stock.

High valuations, higher stakes: Expecting a volatile 2026.

Heading into year-end, Santa Claus Rally or AI exhaustion?

One third of the year-to-date valuation increases occurred in October.

The market is walking a tightrope between an AI boom and an economic slowdown.

Also, how Morningstar CEO Kunal Kapoor is thinking about the AI boom.

Will small-cap stocks continue to rally? The answer lies in how the economy performs over the next few quarters.

Valuation increases are concentrated in only five mega-cap stocks.

Plus, our take on Microsoft, Apple, Amazon, and Meta Platforms before they report.

Plus, what we want to hear from Tesla and Alphabet during their earnings calls this week.

With valuations elevated and heightened volatility on the horizon, here’s how to position today.

The market is calm for now, but heightened volatility is expected in the coming quarters.

Valuations are low enough for investors to begin a small, tactical overweight position.

A bear market in AI stocks leads to more attractive valuations.