November 2025 Market Update

In this November market update, Chief Investment Officer Brian Andrew, CFA®, explains how markets managed modest gains over the past month despite mixed economic signals. Resilient consumer spending and a strong third-quarter earnings season, driven in part by standout results from Amazon and Microsoft, helped support equity performance. At the same time, uncertainty around interest rates remains elevated, with investors reassessing the likelihood of a near-term rate cut as inflation cools unevenly and new economic data remains limited following the government shutdown.

Looking ahead to year-end, Brian highlights the key forces likely to influence markets: the Fed’s evolving rate and inflation outlook, the sustainability of corporate earnings momentum, particularly among AI-focused companies, and the broader global and geopolitical environment. These insights provide valuable context for navigating opportunities and risks across portfolios.

Watch the full update to hear Brian’s perspective on what these trends mean for your financial strategy.

Stay Connected. Stay Informed. Follow us on social media to be the first to hear about Market Updates!