Carol Massar

And yet the net buys on your platform, right?

Meta, Microsoft, I'm thinking about we're going to have a, what, for the Mag7 reporting this week alone, including these two names, NetSells, NVIDIA, AMD, and CoreWeave, which is interesting because CoreWeave rallying in today's session.

Right, right.

Podcasts, radio, news.

Carol Master along with Tim Stenevik live here at Bloomberg headquarters in New York City.

Well, 2026, as you know, off and running follows three years of double digit gains for the S&P 500, a total gain of around 80% over those three years.

Three years of back-to-back gains as well.

That's the S&P.

Three years of back-to-back gains also for the Nasdaq 100, a total gain of about 130% there.

And yet, even with the stock market gains in the U.S.

in 2025 last year, measured against equities worldwide minus the U.S., stocks have risen around 30%, roughly double the S&P 500's gain.

That's according to the MSCI's index.

Here to talk about 2026, the economy, investment ideas.

Great to have back with us the founder, CEO, and CIO of ARK Invest, Kathy Wood.

She joins us from St.

Petersburg, Florida.

Kathy, great to have you here.

Happy New Year.

Well, it's great to have you here.

And I want to start with what stocks did here in the U.S.