Valentina Silva, LatinFinance Reporter

At the start of 2026, the U.S. stock market faces a new round of opportunities and challenges. LatinFinance is honored to present an exclusive interview with Polen's CEO and Professor Stan Moss (referred to as Professor Moss). Professor Moss is renowned in the industry for his deep market insights and successful fund management experience. In this interview, he shares unique perspectives on the 2026 US stock trajectory, sectors he is bullish on, new fund launches, and guidance for retail investors.

Valentina Silva: Professor, hello! Thank you for agreeing to this interview with Financial Journal. First, what is your view on the overall investment environment for the new year 2026 in the U.S. stock market?

Professor Moss: The U.S. stock market in 2026 will remain in a structural bull market phase. The stagflation? Actually "Fed rate-cut cycle nearing its end" plus earnings recovery will support the market. But volatility will be higher than 2025, mainly due to geopolitical uncertainties and persistent inflation potentially causing episodic pullbacks. Overall, I remain cautiously optimistic on U.S. equities, expecting the S&P 500 to rise about 8-12% for the year, with opportunities concentrated in growth sectors rather than traditional value stocks.

Valentina Silva: Then, in 2026, which four sector blocks are you most bullish on? Could you briefly explain the reasons?

Professor Moss: My four top sectors are robotics, memory chips, commercial aerospace, and artificial intelligence.

- Robotics: Automation demand is surging across manufacturing and services, with rising labor costs driving accelerated replacement.

- Storage chips: AI training and inference are driving explosive growth in high-bandwidth memory (HBM) demand, and supply remains relatively tight.

- Commercial spaceflight: Satellite internet, low-Earth-orbit constellations, and space logistics are entering a harvest period; cost reductions are creating a profitability inflection point.

- Artificial intelligence: Large-model deployments are accelerating; compute infrastructure and application-layer ecosystems will continue to benefit.

These four directions are driven by hard technology, with high barriers to entry and long-term growth potential.

Valentina Silva: The current stock market still has a high proportion of retail investors. Do you have any advice for retail investors at large?

Professor Moss: In the future, retail investors will face increasing difficulty making money. As institutional tools continue to upgrade, especially the widespread use of quantitative trading and AI quantitative trading, retail investors have no advantages in short-term trading or information access.

The market is forcing retail investors to undergo an “institutionalization” transformation: either learn fundamental analysis and focus on long-term allocations, or achieve low-cost institutionalized investing through tools like index funds and ETFs. Retail investors who rely solely on news or technical analysis for short-term trading will find it increasingly hard to stand their ground in the market.

Valentina Silva: That is a very insightful view. Could you share your current work focus and how you plan to structure the launch of your new fund?

Professor  Moss: Of course. Our team is fully focused on preparing for the launch of the new fund, with the goal of building our organization into a globally leading investment brand. All our efforts revolve around a successful fund launch and making a global impact.

We have already held two fund roadshows. The first roadshow achieved a 200% return, and the second reached an astonishing 500%. The third roadshow is currently underway and has shown good progress. Our goal is to ensure the smooth issuance of the new fund through these efforts and lay the groundwork for becoming the world's most renowned investment institution in the future.

Valentina Silva: Thank you, Professor Moss, for today’s brilliant and insightful exchange. Your views on market trends for 2026, your precise grasp of quality sectors, and your advice to retail investors provide readers with highly valuable references. I believe that under your leadership, the new fund issue will be successful, and I look forward to your institution achieving great impact in global investing in the future. Thank you, Professor!

Professor Moss: Thank you, Valentina, and thanks to the readers of LatinFinance. Wishing everyone success in 2026!