“A picture is worth a thousand words,” a phrase that almost everyone has heard and experienced trying to absorb an information or concept. The
ubiquitous idiom draws its roots from early 20th century advertising executives Arthur Brisbane and Fred Barnard. As I sat down to write this letter in between the Christmas holiday and New Years, the phrase kept popping into my head. Prior iterations of this letter were filled with far too many words to describe the frenetic, and at times schizophrenic, year in markets. Instead, I am going to take the advice of William Shakespeare, who wrote in Hamlet “brevity is the soul of wit.” Click here to continue reading the Q4 2025 Market Commentary.
Prepared by Schneider Downs Wealth Management Advisors, L.P.
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