
FOCUS Quarterly Report | Q3 2025
Muddle, Bust, or Boom? Scenarios for the Economy and Consumers OVERVIEW The third quarter of
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Muddle, Bust, or Boom? Scenarios for the Economy and Consumers OVERVIEW The third quarter of

New import taxes on China, while Mexico and Canada get a reprieve for now. The

OVERVIEW Stocks posted another quarter of positive returns — despite some significant volatility along the

How do you harness the resilience of the U.S. consumer? With steady wage gains and

Regardless of stabilized delinquency rates and healthy debt-to-income ratios, consumers do not believe this is

Robust consumer spending continues to support a strong economy. Last week’s impressive jobs data—employers added

OVERVIEW Following a third-quarter slump, stocks roared back to life during the final three months

OVERVIEW During the third quarter of 2023, investors hit “pause” on the rally that had

Look Outside of the Stocks that Gained from the Inflation Trade The staples companies were
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Muddle, Bust, or Boom? Scenarios for the Economy and Consumers OVERVIEW The third quarter of 2025 reinforced the year’s defining pattern — a series of

New import taxes on China, while Mexico and Canada get a reprieve for now. The trade war has started—albeit with a smaller opening shot than

OVERVIEW Stocks posted another quarter of positive returns — despite some significant volatility along the way—with several equity market indices recording a string of record

How do you harness the resilience of the U.S. consumer? With steady wage gains and relatively low debt levels, consumer spending remains a key factor

Regardless of stabilized delinquency rates and healthy debt-to-income ratios, consumers do not believe this is a good economy. Chief Investment Officer Scott Ladner joins Fox

Robust consumer spending continues to support a strong economy. Last week’s impressive jobs data—employers added 353,000 new jobs in January, nearly double the expected amount—had

OVERVIEW Following a third-quarter slump, stocks roared back to life during the final three months of 2023. The S&P 500 index of large-company stocks rallied

OVERVIEW During the third quarter of 2023, investors hit “pause” on the rally that had lifted stocks higher for much of the year. The major

Look Outside of the Stocks that Gained from the Inflation Trade The staples companies were not hurt on the input side of the inflation equation,