Ted Weisberg notes that a "rising tide has not lifted all ships," pointing out that Wall Street's first half of 2026 benefitted the stock picker. He sees opportunity for value investors after companies like Adobe (ADBE), Intercontinental Exchange (ICE), and Zoetis (ZTS) recently tapped 52-week lows. On the Fed, Ted believes markets aren't factoring in an interest rate hike, something he considers a hidden risk for investors.