When Sentiment Sours, Long-Term Discipline Wins.  Case In Point - 2025

The year felt like a stress test wrapped in a plot twist: a spring selloff on tariff fears, a quick reset, and a powerful finish powered by heavyweights. Andy, Jake and Mark walk through the real drivers behind the numbers—how a 19% drawdown and an 8% wobble hid inside a “good year.”   Plus, why market leadership looks unusually concentrated, and what makes today’s earnings story different from the dot-com era. No crystal balls here, just clear context and a focus on decisions that actually move the needle for long-term investors.We dig into the global picture as well. Developed international and emerging markets finally showed some life, helped by a weaker dollar that lifted returns for U.S.-based investors.  On the fixed income side, bonds did their boring, beautiful thing: they provided ballast when stocks stumbled and finished positive as the yield curve started to look normal again.  (Oh yeah, we explain what a yield curve is!) Starting yields matter, and they tell a better story now than at any point in the near-zero rate era.Policy and headlines gave us plenty to chew on too: tariffs that started scary but moderated with negotiation, consumer debt stories that missed the key metric of debt service ratios, and high-profile tech layoffs set against an unemployment rate still near full-employment territory. We close with a contrarian insight that keeps proving itself: when sentiment is bleak, forward returns tend to improve. The “wall of worry” is real, and it’s climbable with diversification, patience, and a plan built for years, not months.Follow the show, share it with a friend, and leave a quick review so more listeners can find it. What market question should we tackle next?The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations.It is only intended to provide education about finance, tax, retirement and related planning topics. To determine which investments or strategies may be appropriate for you, consult your financial, tax or legal advisor prior to implementing. Any past performance discussed during this program is no guarantee of future results.Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.Keeler & Nadler Family Wealth is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Keeler & Nadler Family Wealth and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Keeler & Nadler Family Wealth unless a client service agreement is in place.