Chief Investment Strategist, Head of Multi-Asset Solutions, Portfolio Manager
Chief Investment Strategist Patrick Ryan joined Josh Lipton on Yahoo! Finance to discuss the opportunities outside of the Magnificent 7, including in small and mid caps, and potential risks should consumer concerns drift “up into the next strata of consumer.”
Madison Investments’ Patrick Ryan has concerns about the AI trade as an investor.
He explains: pic.twitter.com/rHGg4vfMg0— Yahoo Finance (@YahooFinance) October 30, 2025
Upon request, Madison may furnish to the client or institution a list of all security recommendations made within the past year.
Equity risk is the risk that securities held by the fund will fluctuate in value due to general market or economic conditions, perceptions regarding the industries in which the issuers of securities held by the fund participate, and the particular circumstances and performance of particular companies whose securities the fund holds. In addition, while broad market measures of common stocks have historically generated higher average returns than fixed income securities, common stocks have also experienced significantly more volatility in those returns.
The federal funds rate is the target interest rate range set by the Federal Open Market Committee (FOMC) for banks to lend or borrow excess reserves overnight. It influences monetary and financial conditions, short-term interest rates, and the stock market.
The Magnificent Seven stocks are a group of high-performing and influential companies in the U.S. stock market: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla.
Indices are unmanaged. An investor cannot invest directly in an index. They are shown for illustrative purposes only, and do not represent the performance of any specific investment. Index returns do not include any expenses, fees or sales charges, which would lower performance.
The S&P 500 Index is a large-cap market index which measures the performance of a representative sample of 500 leading companies in leading industries in the U.S.
The S&P Midcap 400 is designed to measure the performance of 400 mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment.
