Part 11/15:
Wilson offered sector-specific insights, noting industrials and capital expenditure (capex) as poised for a robust rebound in 2026, riding on infrastructure spending and automation investments. He highlighted that energy stocks—especially natural gas and crude oil—could benefit from a recovery in energy demand, contingent upon a resilient economy.
Healthcare was upgraded as a defensive sector, partly due to recent political developments relieving some regulatory pressures and interest rate declines improving biotech valuations. Conversely, energy and industrials could see renewed strength as the economy heats up.