We all love the leggings, but do we love the stock? Today, $LULU jumped on news that CEO Calvin McDonald is stepping down (effective Jan 31st). But as a HENRY, you need to look past the "CEO Exit" headlines and into the actual math of 2026. Lululemon’s Q3 report showed a massive divide. While their China business exploded (up 46%), the Americas revenue actually dropped 2%. For a brand that trades at a premium valuation, seeing your home market shrink while "dupes" take over the timeline is a major red flag. Plus, they are facing a 290-point margin compression due to rising tariffs and increased markdowns. In plain English: They are paying more to make the clothes and having to discount them more to move them. The 2026 "Retail Rotation": Smart money is rotating out of over-valued, "prestige" retail and moving into what I call Structural Value. Here is where the 2026 winners are hiding: 1. The "Off-Price" Giants (ROST / TJX): While premium brands struggle with pricing power, discounters are winning. Analysts are flagging Ross Stores (ROST) as a top pick for 2026 because high-income earners are becoming "value-conscious" without giving up quality. 2. The Logistic Powerhouses (AMZN / WMT): Walmart is no longer just a grocery store; it’s an AI and logistics monster. With their new Agentic AI integrations, they are capturing the "lazy shopper" market that used to belong to boutique brands. 3. The Turnaround Play (NKE): Unlike Lulu, which is just entering a leadership vacuum, Nike is already "mid-innings" in its turnaround. They’ve already absorbed the shock, and 2026 is looking like their recovery year. The "Miso Money" Takeaway: Don't build your wealth on "Hope" and "Hype." If a company’s margin is shrinking and its CEO is walking away, it’s not an investment; it’s a gamble. Action Item for the Group: Check your brokerage today. If you are 100% heavy in "Lifestyle Tech" and "Prestige Retail," you are exposed to the 2026 Tariff Cliff. Which retail stock are you holding right now? Drop the ticker below and let’s look at the margins together. 👇

401(k) / 403(b): Update to $24,500 annual limit ($2,041/mo) 🛡️ HSA Family: Update to $8,750 annual limit 🏥 HSA Individual: Update to $4,400 annual limit 🏥 Roth Mandate Check: If 50+ and income >$150k, ensure catch-up is 'Roth' ⚡ SALT Cap Audit: Prep for $40k itemization if state/local tax >$10k 🏠 W-4 Review: Adjust withholdings to stop the 'interest-free loan' to the IRS 💸 Debt Inventory: List every loan with interest >7% 📉