Can stocks continue climbing despite uncertainty surrounding interest rates, artificial intelligence, and geopolitics?
In this NYSE Live interview, Ahmed Riesgo, Chief Investment Officer at Insigneo, discusses market volatility, the outlook for equities, Federal Reserve policy, AI-related investments, geopolitical developments, and what investors should watch as 2026 comes to a close.

Kristen Scholer spoke with Riesgo about Nvidia, hyperscalers, artificial intelligence, inflation, interest rates, oil prices, Federal Reserve policy, and the outlook for markets heading into year-end.

A major theme throughout the conversation is the resilience of the U.S. equity market. Despite ongoing uncertainty surrounding artificial intelligence, geopolitics, and monetary policy, Riesgo believes the fundamental backdrop for stocks remains constructive.

The interview also explores economic growth. Riesgo notes that the U.S. economy continues expanding at a healthy pace, supported by solid earnings growth and relatively strong corporate fundamentals.

Another key topic is earnings season. While recent corporate results may not have matched exceptionally strong prior quarters, Riesgo argues that earnings growth remains healthy enough to support broader market performance.

The conversation further examines investor sentiment toward artificial intelligence and major technology companies. Market participants continue evaluating new developments involving leading AI firms while assessing their long-term growth potential.

A significant focus of the discussion is Nvidia. As one of the most influential companies within the AI ecosystem, upcoming earnings reports and company developments remain important considerations for both technology investors and the broader market.

The interview also highlights the importance of Federal Reserve communication. Investors are closely monitoring comments from policymakers and economists to better understand the likely path of interest rates heading into 2027.

Another major theme is volatility. Riesgo believes several major market events, including earnings reports, Federal Reserve commentary, and high-profile technology developments, are contributing to uncertainty in the near term.
The discussion also explores the significance of the anticipated Anthropic IPO. Riesgo views the transaction as a potentially important catalyst for investor sentiment across artificial intelligence and technology-related sectors.
Additionally, Riesgo discusses positioning within the AI trade. Rather than viewing major hyperscalers as high-growth investments, he sees many of these companies evolving into increasingly stable businesses with characteristics similar to essential infrastructure providers.

The conversation further examines valuation. Riesgo believes many hyperscale technology companies are currently trading near fair value and should be evaluated based on their role within broader portfolio objectives.

Another key topic is portfolio construction. Investors should understand whether technology holdings are designed to provide defense, stability, growth, or diversification within a broader investment strategy.

The interview also highlights developments in global energy markets and their potential influence on inflation, interest rates, and investor sentiment.

A significant focus is the relationship between oil prices and geopolitical tensions. Riesgo argues that energy markets can influence geopolitical decision-making just as geopolitical developments affect energy markets.

The discussion further examines global oil supply trends, including increases in production across North America and other regions that may help offset geopolitical pressures.

Another important topic is market seasonality. While year-end periods have historically been favorable for equities, Riesgo believes ongoing uncertainty may result in gains that are positive but more measured than some investors expect.

Looking ahead, Riesgo expects markets to remain focused on AI adoption, Federal Reserve policy, technology earnings, geopolitical developments, oil prices, and broader economic growth trends.

Throughout the discussion, Riesgo shares insights on artificial intelligence, technology investing, market volatility, Federal Reserve policy, economic growth, energy markets, equity valuations, portfolio strategy, inflation, and year-end market expectations.

Disclaimer: Informational content only. NYSE does not endorse or recommend investments, securities, strategies, companies, products, or services discussed.

#NYSE #NYSELive #AhmedRiesgo #Insigneo #ArtificialIntelligence #Nvidia #Investing #FederalReserve #MarketOutlook #TechnologyStocks #Inflation #PortfolioManagement