Episode 82--2026 Market Outlook – Three Key Themes Every Physician Investor Needs to Know
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In Episode 82 of Doctor’s Wealth and Wellness, host Norm Wright delivers a physician-focused 2026 Market Outlook, highlighting three key themes amid a sixth straight year of double-digit stock returns in 2025 despite persistent headlines. First, diversification is rewarding again, with international and emerging markets surging around 30% (outpacing U.S. stocks) thanks to global growth and a weaker dollar, plus bonds up 7% on Fed cuts—urging listeners to check and rebalance international/bond allocations this week. Second, AI continues driving gains through massive infrastructure and adoption, but the Magnificent Seven’s one-third S&P weighting signals real concentration risk, advising a review of top holdings and potential tilts to equal-weight or value. Third, the resilient economy (quick rebound from early dips, stable 3% inflation) faces Fed transition with Powell’s term ending in May 2026, yet history favors patient investors regardless of leadership. Norm reminds high-earning doctors they’re wired for the long game, challenges them to take one action (allocation check, concentration review, or goal alignment), and offers a free 2026 portfolio stress-test via support@skcfinancial.com or a 30-minute consult. Examples in this episode are hypothetical and not representative of a specific individual.
Indexes used in this episode include the following:
International Developed Market - (EAFE)
Emerging Markets - (EM)
Bond Aggregate Index - (AGG)
US Stock Market S&P 500 - (SPX)