J.D. Joyce on Technology, Financials, and the Consumer
J.D. Joyce, president of Houston-based Joyce Wealth Management, was quoted in three Dow Jones Newswires reports published October 26, 2026, covering artificial intelligence, financial stocks and consumer spending. The reports appeared across financial media, including MarketWatch, Morningstar and MarketScreener.
Technology & AI: Looking Beyond the Dot-Com Bubble
“I don't see this bubble that people are talking about. There's a night and day difference between dotcom holdings and AI companies -- they were nothing like the quality of companies now.”
— J.D. Joyce, as quoted by Dow Jones Newswires.
Joyce highlighted the distinction between today's AI companies and the businesses that characterized the dot-com era, offering his perspective on concerns about an AI investment bubble.
MarketWatch | Morningstar | MarketScreener
Financials: Investors Await the Fed
“Investors in the financial sector have looked past a strong earnings season and are focused on interest-rate risks,” said Joyce.
Financial stocks rose but lagged the broader market as investors weighed financial stability concerns ahead of the Federal Reserve's rate decision.
MarketWatch | Morningstar | MarketScreener
Consumer & Economy: The Consumer's Pocketbook
“When you have two-thirds of the economy based on consumerism, anything that's impacting the pocketbook of consumer is concerning,” Joyce said.
Joyce cited the cumulative effects of tariffs, higher oil prices and rising interest rates on households. He also warned that a continued decline in AI stocks could weigh on consumer spending and the broader economy through the wealth effect.
MarketWatch | Morningstar | MarketScreener
Not an Offer or Advice: This commentary is provided for informational and educational purposes only and does not constitute a recommendation to buy or sell any specific security or to adopt any particular investment strategy. The views expressed represent the current opinions of Joyce Wealth Management as of 10/26/26 and are subject to change without notice.