Services

Financial Advisors

How we help advisors guide clients through their life journeys

Financial Institutions

Intuitive technology that supports advisors
Solutions

Goals-Based Investing

Horizon’s innovative investment framework

Gain Stage Portfolios

Protect Stage Portfolios

Spend Stage Portfolios

Horizon One

Outsourced CIO (OCIO) consulting solutions

Horizon Custom Portfolios

Customizable actively managed single-stock portfolio

Technology

Intuitive, user-friendly planning software

Horizon Funds + ETFs

Goals-based investing with Horizon Funds and ETFs
Insights

Newsroom

Our recent media appearances and media contacts

Big Number

Our regular look at the market’s most revealing number

Research

Our in-depth thinking on goals-based investing

Explore all insights
Who We Are

Our Firm

What we do—and why we do it

Careers

Our culture and open positions

Leadership

Meet our leadership team

Your Sales Team

Find your contact at Horizon

Investment Management

Meet our investment team
Generic selectors

Exact matches only

Search in title

Search in content

Post Type Selectors

Insights

Schwab Network: AI Trade is No Longer Driving the Market

February 24, 2026

Mike Dickson, Ph.D.

Summary

Head of Research and Quantitative Strategies Mike Dickson joined Schwab Network to explain that while AI remains important, elevated expectations for hyperscalers have made other sectors more attractive, particularly mid-caps and small-caps, which are showing strong earnings growth and better valuations, driven by higher nominal GDP growth and a strong consumer economy.

Not investment advice; mentions of specific securities or sectors are illustrative in nature.

Follow us on: