Charts & Chat - December 21, 2025

This week, CEO Eric Boyce, CFA discusses:

1. inflation lower than expected as government data releases get back to normal following shutdown

2. regional Fed districts report mixed manufacturing activity and new orders heading into the new year

3. demographic data and its impact on future economic trends, declining number of families with children under 18 and net immigration

4. data on the housing market, affordability etc.

5. power generation demand will drive investment in the next 5-10 years

6. commodity update - oil market soft, but potential upside; copper, food basket increases

7. investor sentiment remains high, cash balances low, risk appetite is "on".

8. important role and historical impact of dividends and dividend paying stocks on overall performance and risk

9. international investments outperforming domestic; gold prices correlated with increased uncertainty and high yield correlated to crypto