AI stocks won't be the only winners of 2026 | Jay Woods, Freedom Capital Markets

Jay Woods is the chief market strategist at Freedom Capital Markets and he’s worked on the floor of the New York Stock Exchange for three decades as a trader and market maker. He joined Phil Rosen on Full Signal to break down the AI trade, sectors to bet on for 2026, macro risks, the Federal Reserve, and the disconnect between asset prices and the real economy. This episode is sponsored by Public: https://public.com/openingbell Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe Follow Phil on X: https://x.com/philrosenn Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/ TIMESTAMPS: 0:00 - Intro 0:30 - AI trade and rotation 6:19 - Magnificent 7 turned Lag 7 8:25 - Dot-com bubble parallels 12:09 - Public & Generated Assets 13:37 - Sentiment impact on prices 14:14 - Opportunities outside tech 18:14 - Macro outlook and risks 21:21 - Unstoppable bull run 23:23 - Trading through tariffs 25:30 - Federal Reserve outlook 30:52 - Inflation and consumer spending 33:01 - Stocks are not the economy 35:43 - Sectors for 2026 40:00 - Hard to be bearish Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time. #podcast #investing #markets #macro #stocks #bitcoin #federalreserve