Squawk Pod: Knicks fan Gary Vee: I want to match up with the Spurs - 05/28/26 | Audio Only

Watch on YouTube ↗  |  May 28, 2026 at 17:40  |  32:50  |  CNBC
Speakers
Mary Ann Bartels — Chief Investment Strategist, Sanctuary Wealth
Andrew Ross Sorkin — Co-Anchor, Squawk Box
Gary Vaynerchuk — CEO, Vayner Media
Joe Kernen — Co-Anchor, Squawk Box

Summary

The episode covers market outlook with Sanctuary Wealth's Mary Ann Bartels, who sees the S&P 500 reaching 10,000-13,000 by 2030 but warns of a secular bear afterward. She recommends rotating from tech into small caps, commodities, energy, and international equities (Japan, Europe, EM ex-China), while still favoring tech and semiconductors for the remainder of the decade. The show also discusses regulatory news (CFTC dropping Gemini fine, Google employee charged), a luxury tax in NYC, Fertitta's Caesars acquisition, and Gary Vaynerchuk's Knicks fandom.

  • Mary Ann Bartels sets a long-term S&P 500 target of 10,000-13,000 by 2029-2030.
  • She expects new market leadership from small caps, commodities, energy, and international equities.
  • Bartels believes a new secular bull market has started in Japan, Europe, and EM ex-China.
  • She remains bullish on tech and semiconductors as market leaders through the end of the decade.
  • Bartels identifies a triangle pattern on the 10-year yield with break levels at 4.6% and 3.6%.
  • The CFTC moves to withdraw a $5 million penalty against Gemini, citing changed crypto enforcement policy.
  • A Google engineer is charged with fraud for using non-public data to bet on Polymarket.
  • Gary Vaynerchuk discusses Knicks finals ticket prices and the pent-up demand after 30 years.
Trade Ideas
Mary Ann Bartels Chief Investment Strategist, Sanctuary Wealth 11:22
S&P 500 to 10,000-13,000 by 2030
The S&P 500 is in a secular bull market that started in 2013 and will peak around 10,000-13,000 by 2029-2030, after which a secular bear market will begin. Investors should stay invested but be prepared to rotate out of tech as the decade ends.
SPY HIGH
Mary Ann Bartels Chief Investment Strategist, Sanctuary Wealth 14:13
Small caps, commodities, energy to lead
The early stages of new market leadership have emerged: small-cap stocks, commodities, and energy will outperform as the tech-led cycle matures. This rotation is a key opportunity for diversification away from US large cap tech.
IWM XLE DBC MED
Mary Ann Bartels Chief Investment Strategist, Sanctuary Wealth 14:33
International equities starting new bull
A new secular bull market has started in international equities, specifically in Japan, Europe, and emerging markets excluding China. This is one of the greatest opportunities in history to diversify a US portfolio globally.
EWJ EMXC VGK MED
Mary Ann Bartels Chief Investment Strategist, Sanctuary Wealth 16:36
10-year yield triangle breakout setup
The 10-year Treasury yield has formed a triangle pattern. A sustained break above 4.6% targets 5% or higher, while a break below 3.6% would point to lower yields. This is a key technical setup for bond investors.
US 10-Year Yield MED
Mary Ann Bartels Chief Investment Strategist, Sanctuary Wealth 18:21
Tech and semiconductors lead until 2030
Technology, led by semiconductors, will continue to drive the market higher through the end of the decade. This sector remains the primary leadership until the secular peak around 2029-2030.
XLK SMH HIGH
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This CNBC video, published May 28, 2026, features Mary Ann Bartels discussing SPY, IWM, XLE, DBC, EWJ, EMXC, VGK, US 10-Year Yield, XLK, SMH. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Mary Ann Bartels  · Tickers: SPY, IWM, XLE, DBC, EWJ, EMXC, VGK, US 10-Year Yield, XLK, SMH