The Investing Group
A Chicago community for markets, research, and investing.
Latest meeting
Watch the meeting and read the written summary.
Meeting summary
We held the latest meeting of The Investing Group on Monday, October 12, 2026, at the Union League Club of Chicago in Room 816. The evening opened in the small-cap market, where a pair of premarket spikes, one so extreme that Nasdaq erased the trades, showed how quickly a thin order book can be turned into a weapon and then into an offering. From there the conversation moved to the Iran war, which Washington has effectively paused for the election calendar, and to the diesel and freight markets still paying for it. The heart of the evening turned to the consumer: a reported megadeal in fast casual dining, a restaurant industry splitting along income lines, and whether social media can tell you which chains will win before the earnings do. The last stretch covered Starlink’s fights in India and in the airline industry, an AI film aiming for the Academy Awards, and a lightning round on uranium, software, the neoclouds, and one of the world’s most famous sportswear brands.