Markets were a bit softer in November, with the S&P 500 finishing the month slightly down as investors took some profits and digested mixed economic data. Some sectors, especially value and more defensive areas, held up better, while growth stocks saw a little more pressure. Even so, many companies outside of the big tech names reported steady results, and consumer spending remained fairly solid heading into the holiday season.

As we look toward year-end, we’re keeping an eye on the usual drivers — inflation trends, updated Fed messaging, and how consumers finish out the year. A few bumps are normal, and short-term pullbacks like November’s don’t change the long-term outlook. We continue to stay disciplined, focusing on diversified portfolios and making adjustments only when the data supports it. Our goal is always to help you stay on track and navigate markets.