In this special episode of In the Money with Amber Kanwar, taped
live from Vancouver at Raymond James’ National Business
Conference, Amber sits down with Larry Adam, Chief Investment
Officer at Raymond James Financial, who oversees more than $1.5
trillion in assets. Larry shares why he’s still bullish on
equities, why fundamentals—not feelings—drive his outlook, and
why he believes this bull market has years left to run.
They dig into it all — from AI’s staying power and rate cuts
fueling growth, to whether gold’s rally has gone too far, and how
fiscal policy, tariffs, and national security priorities are
shaping markets. Larry also explains how investors should think
about inflation, small caps, and the growing dominance of U.S.
mega-cap tech — and where the next leg of market leadership could
come from.
Larry’s Pro Picks highlight the sectors he believes will drive
returns through 2026: Technology, Industrials, and Healthcare.
From the ongoing AI revolution and global defense spending to the
demographic demand powering healthcare innovation, he breaks down
why these areas could remain the cornerstones of investor
portfolios in the next phase of the bull market.
Larry strikes a confident but disciplined tone — reminding
investors that while volatility may return, the long-term
fundamentals remain strong. He’s staying the course, trusting the
data over the noise, and betting that the best of this bull
market is still ahead.
Timestamps
00:00 Show intro with Larry Adam, CIO, Raymond James
01:10 Larry talks about his approach to investing
02:40 Larry on the role of a CIO
03:25 Larry’s 6900 target for the S&P 500 and why we’re only
halfway through the bull market
05:05 How to reconcile the market with the negative
headlines
07:30 Rates, inflation & tariffs
09:45 Why Larry is more cautious on gold
11:20 Larry’s comfort level with AI
14:40 Tech and the S&P 500
16:30 Broadening in the S&P 500
18:00 Larry on U.S. fiscal policy
19:45 Why the World Cup, America’s 250th Anniversary and the U.S.
Midterms will keep the economy on solid footing
20:25 Tariffs and the lack of market reaction
22:30 The Trump trade and understanding Trump’s strategic
priorities
26:45 Expectations for small caps
30:50 Where does Larry get pushback?
33:10 How does fixed income play a role in portfolios?
35:10 Larry’s Pro Picks (tech, industrials, healthcare)
Sponsors
For 25 years, Raymond James has been helping Canadians achieve
their financial goals. Visit https://raymondjames.ca today to
discover how you can live a life well planned.
Pro Picks is brought to you by ATB Financial. Visit
https://ATB.com/inthemoney for more information
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://facebook.com/profile.php?id=61569721774740
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
questions@inthemoneypod.com
DISCLAIMERS
The information provided in this podcast is for informational
purposes only and does not constitute financial, investment, or
professional advice.The views expressed by the host and guests
are their own and do not necessarily reflect the opinions of any
organization or company. The host and guests may maintain
positions in any securities discussed on the podcast. Always
consult with a qualified financial advisor or professional before
making any investment decisions.
Raymond James Ltd. is regulated by the Canadian Investment
Regulatory Organization ("CIRO") and is a Member of the Canadian
Investor Protection Fund.
In the Money delivers expert stock picks, actionable ideas, and
timely money management tips. Hosted by business journalist Amber
Kanwar, each episode features interviews with top portfolio
managers who suggest ways to achieve good returns. Covering
everything from ETFs and Canadian stocks to global investing
trends, dividend strategies, and risk management, this show is
made for DIY investors, stock market enthusiasts, and anyone
looking to sharpen their financial strategy.
Contact: questions@inthemoneypod.com
#IntheMoney #Investing #StockMarket #CanadianInvesting
#FinancialNews
Kommentare (0)
Melde dich an, um einen Kommentar zu schreiben.