2025 Was the Year of AI Capex; 2026 is the Show Me Story

Jason Blackwell gives his takeaways from this week’s volatility and warns traders that next week tends to have light volume because of the holidays. Because of this, “a little chop” is unsurprising, he says. Looking to next year, he says 2025 was all about AI capex – next year is the show me story. For the Fed December meeting, he’s expecting more dissents, and says investors will need to map out the possibilities carefully going forward.

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