NewEdge Wealth, LLC

Abby Yoder is U.S. equity strategist at J.P. Morgan's private bank.

Cameron Dawson, chief investment officer at New Edge Wealth.

It's nice to have you both here.

You've been among the most positive people that I can remember speaking with.

We begin this hour with stocks down and yields lower as mega cap tech earnings struggle to extend the rally.

Cam Dawson of New Edge Wealth writing, we don't have to stop the spending spree to see AI infrastructure earnings stumble.

Investors are pricing in the risk that 27 is peak earnings.

Cameron joins us now for more.

You've got a confi- confidence is pretty high at some point he's gonna stop stampeding, but if he's charging at you, are you gonna bet that he's gonna run out of steam before he gets to you? In most cases you're gonna be like, "No, I'm gonna get the [laughs] way," right? So you might have some concerns about the AI trade, but you probably have to have a really high degree of confidence before you start taking a contrary position to that juggernaut that's, that's been running.

And I don't get the sense, correct me if I'm wrong, I don't get the sense NewEdge Wealth is saying that 2027 is the year to, to challenge the AI juggernaut yet.

Yeah, I mean, we re- we reserve the right to change our minds.

Yeah.

Um, for folks that would like to follow you and your work, Cameron, where should they go?

You can go, uh, I'm Cameron Dawson on, on all of the, on all of the websites, on X and LinkedIn.

Uh, and, uh, NewEdge Wealth is where we, we publish all of our, our weekly pieces.

I think you can sign up for our newsletter that comes out, uh, every week.

News.

Kim Dawson with us, we get started from New Edge Wealth this morning.

So you and I did purchase accounting, you know, the different ways and they changed the laws a couple times, et cetera.

Define for our audience the efficacies of synergies when you meet.