Wall Street is attempting to cut through the noise out of Washington, D.C., after President Trump hinted at a long string of policy proposals, ranging from hiking defense spending to his administration's plans for Venezuelan oil (CL=F, BZ=F) and possibly banning institutional investors from buying single-family homes. Schwab Center for Financial Research head of macro research and strategy Kevin Gordon sits down with Julie Hyman to discuss how investors should be interpreting possible policy risks. Also catch Kevin Gordon discuss the broadening of AI themes in 2026. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.