Name: Could see a lot of market volatility with geopolitical tension, says G Sqaured's Victoria Greene
Uploaded: 2026-01-07T22:12:15+00:00
Duration: 319 s

Speakers

Victoria Greene — Chief Investment Officer, G Squared Private Wealth; CNBC Contributor

Kevin Gordon — Head of Macro Research and Strategy, Schwab

Summary

Victoria Greene of G Squared Private Wealth and Kevin Gordon of Charles Schwab discussed the market’s strong start to the year against geopolitical headlines. Greene remained overall bullish and said financials could lead, while also warning of fat-tail risks and a possible 5-10% pullback. Gordon highlighted a rotation into industrials and materials, improving small-cap earnings, and AI’s broadening impact across the S&P 500.

Equities started the year strong despite geopolitical tensions.
Victoria Greene remains overall bullish but expects more volatility and possibly a 5-10% pullback.
She is especially bullish on financials and expects earnings to help distract from geopolitics.
Kevin Gordon sees a rotation into deep cyclicals like industrials and materials.
Gordon says Russell 2000 earnings expectations are finally improving.
He still views AI as a dominant theme but notes it is spreading beyond tech into other sectors.
The discussion includes risks from tariffs, Venezuela/Greenland, China/Russia, and tweet-driven sector reactions.
Defensive sector groupings may be decoupling due to AI use cases.

Ideas

Victoria Greene Chief Investment Officer, G Squared Private Wealth; CNBC Contributor 0:26

Overall bullish despite geopolitical volatility

She likes the strong start to the year and remains overall bullish despite acknowledging that a midterm-year, second presidential cycle could be rockier with lower expected returns. She expects the upcoming earnings season to shift some attention away from geopolitical headlines and says investors should prepare for more volatility and tweet-driven trading, but not abandon equities.

Victoria Greene Chief Investment Officer, G Squared Private Wealth; CNBC Contributor 0:39

Really bullish on financials sector

She has a lot of faith in financials to rescue the market next week and says she is really bullish on the sector, even as markets are on edge over tariff- and tweet-driven sector risks.

Kevin Gordon Head of Macro Research and Strategy, Schwab 1:44

Deep cyclicals rotation continues

He says the rotation into deep cyclicals such as industrials and materials has been strong under the surface even as tech has largely sat out. If broader participation continues, these lesser-loved parts of the market can catch more of a bid.

Kevin Gordon Head of Macro Research and Strategy, Schwab 2:14

Small-cap earnings finally improving

He argues the small-cap earnings backdrop is improving relative to the past couple of years, with Russell 2000 earnings expectations finally picking up. That was the missing component for small caps and can help lesser-loved areas catch a continued bid.

Kevin Gordon Head of Macro Research and Strategy, Schwab 4:08

AI remains dominant, broadening across sectors

He still sees AI as a dominant investment theme this year, but says the market composition is shifting as AI buildout and adoption spread beyond tech and communication services into many sectors. He expects the next phase of market benefits to come as more beneficiaries use technology to protect margins and improve operations.

Could see a lot of market volatility with geopolitical tension, says G Sqaured's Victoria Greene

Summary

Ideas

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