U.S. Small-, Mid-Cap Stocks Favored: Gibbs Wealth Management

The video discusses the underperformance of small caps compared to the S&P 500, highlighting market caution around tech giants. It covers trade optimism and positive earnings reports, noting the impact of tariffs and supply chain issues. Earnings expectations have improved, with positive revisions in the second quarter. The semiconductor sector is analyzed for its trade exposure and recovery from demand slumps. Finally, the video examines the performance of banks and consumer confidence, noting differences between investment and consumer banks.

What is the speaker's outlook on the semiconductor industry in relation to trade talks?

What differences does the speaker note between investment banks and consumer banks in the current market?