Economic growth improved in the second half of 2025, as consumer spending remained strong despite labor market weakness. Robust earnings propelled U.S. stocks to record highs during the quarter. International stocks were the top-performing asset class in 2025, with dollar weakness boosting returns for U.S. investors. Bonds finished the year with solid mid-single-digit returns.
Download the PDF below for insights on market trends and how they may affect investments.
If you have any questions or need assistance, please reach out to a professional at Forvis Mazars Private Client.
Forvis Mazars Private Client services may include investment advisory services provided by Forvis Mazars Wealth Advisors, LLC, an SEC-registered investment adviser, and/or accounting, tax, and related solutions provided by Forvis Mazars, LLP. The information contained herein should not be considered investment advice to you, nor an offer to buy or sell any securities or financial instruments. The services, or investment strategies mentioned herein, may not be available to, or suitable, for you. Consult a financial advisor or tax professional before implementing any investment, tax or other strategy mentioned herein. The information herein is believed to be accurate as of the time it is presented and it may become inaccurate or outdated with the passage of time. Past performance does not guarantee future performance. All investments may lose money.