In this market update, Brian Spinelli, Co-Chief Investment Officer at Halbert Hargrove, reviews key investment themes from 2025 and shares perspective on what investors should keep in mind as 2026 begins.
The session covers public equity markets in the US and abroad, fixed income, economic conditions, inflation, interest rates, and the role of diversification. Brian walks through how different asset classes performed in 2025, why diversification reasserted itself, and what market history can teach investors about behavior, volatility, and long-term discipline.