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Earn Your Leisure

Will the Bull Market Continue? Economic Outlook for 2026 with Caleb Silver

Earn Your Leisure

iHeartPodcasts

News, Entrepreneurship, Business, Investing, Careers, Education, Business News

4.87.8K Ratings

🗓️ 14 December 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

In this clip from Market Mondays, hosts Rashad Bilal and Troy Millings sit down with financial analyst Caleb Silver to break down the current economic landscape and what lies ahead for 2026. The conversation starts with a historic event—the cancellation of the American jobs report—and what it signals for business journalists, policymakers, and everyday investors. Caleb Silver explains why, despite the anxiety over inflation and consumer confidence being at lows reminiscent of the Great Financial Crisis, the U.S. economy is in better shape than most people feel. The clip dives into key data points like updated unemployment rates, wage growth, and the impact of underreported layoffs and AI-driven changes in the job market. The discussion pivots to stock market trends, especially the dominance of the "Mag 7" mega-cap tech stocks. Troy Millings asks the crucial question: If the Mag 7’s run slows, can the rest of the S&P 500 pick up the slack? Caleb Silver provides deep insights into what breadth in the market really looks like, highlighting why recent rallies in healthcare, financials, and commodities matter for investors seeking diversification. Walmart’s shift to the Nasdaq and its surprising outperformance versus other tech giants is put under the spotlight. Caleb Silver explains why Walmart's move is strategic, aiming for a spot among elite growth stocks and inclusion in popular indices. Looking ahead, the clip identifies where opportunities may exist for investors going into 2026, including sector rotation, the resurgence of healthcare and biotech, and the importance of looking at undervalued mid- and small-cap stocks. Caleb Silver explains the difference between small, mid, large, and mega-cap companies, and how those categories affect investment strategies in a world dominated by trillion-dollar giants. If you want to understand where the U.S. market, consumer sentiment, and investor behavior are heading, this clip is packed with actionable analysis. Plus, get a behind-the-scenes glimpse of what investors and financial researchers are really looking up as we close out the year. *Hashtags:* #MarketMondays #CalebSilver #EconomicOutlook #2026Forecast #StockMarket #Investing #Walmart #Mag7 #MidCapStocks #SmallCapStocks #FinancialAnalysis #ConsumerConfidence #Inflation #JobMarket #SectorRotation #WallStreet #Nasdaq #S&P500 #BullMarket #Investopedia

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Transcript

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0:00.0

This is an IHeart podcast.

0:02.5

Guaranteed Human.

0:05.2

This episode is brought to you by PNC Bank.

0:08.2

A lot of people think podcasts about work are boring.

0:11.2

And sure, they definitely can be.

0:13.5

But understanding a professional's routine shows us how they achieve their success

0:17.4

little by little day after day.

0:20.4

It's like banking with PNC Bank.

0:22.8

It might seem boring to save plan and make calculated decisions with your bank,

0:27.2

but keeping your money boring is what helps you live on more happily fulfilled life.

0:32.1

PNC Bank, brilliantly boring since 1865.

0:36.6

Brilliantly boring since 1865 is a service mark of the PNC Financial Service Group, Inc.

0:42.3

PNC Bank, National Association member FDIC.

0:47.3

So let's talk about some other economic factors.

0:51.3

The jobs report was canceled for the first time in America.

0:55.7

So what does this, what does this say that amongst other things?

0:59.7

But what does it say about the state of the economy? And what's your thoughts on where we're

1:03.9

headed in 2026? Yeah. The fact that we haven't gotten the government jobs data that is troubling for you know business

1:12.3

journalists like me on the one hand but we're getting so much data anyway we get great stuff from

1:16.3

ADP every month on the private payrolls i think that tells you a lot more than the BLS survey of

1:21.7

households and businesses when they're literally calling tens of thousands of them on the phone

1:25.9

and emailing and saying,

...

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