Maybe it’s a word you remember from a college class, a CNBC segment, or from someone detailing why you shouldn’t put everything in one basket. Wherever you heard it, the last few years within equities made diversification feel more like a nice theory than a realworld advantage, mostly because the weather never seemed to change. When one pocket of the market enjoys endless clear skies, the instinct is to stay outside and enjoy the sunshine rather than carry around rain gear.
Please enjoy the first theme release in our five-part series leading up to the release of Waterloo Capital’s 2026 Annual Outlook.