Weekly Market Recap – December 22, 2025

Investors have had to contend with plenty of noise in 2025. Tariff uncertainty disrupted markets, the longest government shutdown in U.S. history delayed economic data and the Fed resumed its easing cycle after an extended pause. Nevertheless, economic growth held up and equity markets are hovering near all-time highs. Meanwhile, inflation remains elevated, so consumers will continue to face higher prices this holiday season.