Q4 2025 Market Commentary

In our September 2025 newsletter, we expressed we anticipation that the Federal Reserve to make a rate cut and we saw that come to fruition. We saw indicators pushing valuations into the "high" range and requiring a balance between risk and opportunity as macro conditions remained supportive.

As we transition into Q4, the path ahead requires both discipline and flexibility. While markets have displayed remarkable resilience, high valuations and an uncertain macro backdrop call for prudence.

A diversified and valuation-conscious approach remains essential to navigating this environment effectively.

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‍We remain vigilant and prepared to respond to emerging trends and data on behalf of our clients.

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