New year, same odds. 72% chance it'll be a Kevin @kalshi #Fed kalshi.com/markets/k...

Wow all week $9.99/lb USDA Choice. @TheFreshMarket I got two more this morning.

US Truflation falling like a rock.. from 2.7% to 1.95% in a few weeks @fundstrat

Santa's not dead yet

Got my 2026 supply of coffee this morning... each of these was $0.86 on clearance. Did the same thing NYD last year, and just getting through that stash now.

Wow the Real Estate sector was negative in 2025? oof (price only, not the sector ETFs)

AI chip boom to push global consumer electronics prices up in 2026 @seekingalpha

Bullish sentiment inches up ahead of 2026, shows latest AAII survey

The U.S. box office is poised for a comeback - here are the biggest movies of 2026 seekingalpha.com/new... @seekingalpha

Where are we in the business cycle? Fidelity thinks "Late"

The S&P 500 is expensive (perhaps deservedly so), while everything is close to the 10-year average P/E NWM

Percent of consumer debt in delinquency has risen, but only to pre-pandemic levels (which were historically low) NWM

Bond yield and future returns... pretty good relationship NWM

Valuation matters little in the short run, but quite a bit in the long run NWM

S&P 500 = 50% asset light vs. 70% manufacturing in 1980

Growth beat Value by just 4ppt in 2025 BofA

BofA: S&P 500 trades rich on almost everything...19 of 20 valuation metrics stretched The S&P 500 is statistically expensive on 18 of 20 metrics and has never been more expensive on Market Cap to GDP, P/BV, P/OCF and EV/Sales.

Savita BofA: No way to sugar coat it: the S&P 500 is expensive

Bitcoin steady $88k to begin 2026 @stockcharts

US Economy Enters 2026 in Great Shape... Weekly data for GDP and same-store retail sales are showing no signs of a slowdown in the US economy Torsten at Apollo

The S&P 500 has annualized a 14.06% return over the last 15 years

All J.P. Morgan's top stock picks for 2026

Netflix scores again with record-setting viewership for its Christmas NFL games @seekingalpha

Nvidia, AMD likely to make headlines at CES amid 'AI Revolution,' Wedbush says @divestech @seekingalpha

2yr/10yr spread ends 2025 at its steepest since January 2022... 69bps @CNBC

And your 2025 S&P 500 winners, Bloomberg.

S&P 500 losers in 2025, Bloomberg.

Your official 2025 performance numbers, Bloomberg.

Couldn't pass up this ribeye from @TheFreshMarket today.. $10.50 for that well-marbled badboy

Mortgage rates fell 0.87 percentage points this year. Good news! 7.07% to 6.20%

S&P 500 down on the final trading day of each of the past 5 years. First time. From @RyanDetrick

Nasdaq Composite logs its third-straight year of 20%+ gains +130% from the October 2022 low.

The S&P 500 Index ends its monthly winning streak, down 0.05% in December.

For December, $SPY returned 0.12%

Tech & Comm Services were the top S&P 500 sector ETFs in 2025 $XLK +24.6% $XLC +23.1% $XLRE $XLP worst, up 2%

The S&P 500 was up 16.4% in 2025. It returned 17.9%. Nasdaq Composite +20.4% $IWM +12.7% (total return) $VEU +32.5% (total return)

$GOOGL best Mag 7 stock this year... +66% $NVDA +39% AI names in Indusrials, Utilities very strong, despite recent stumbles

Stocks, bonds, commodities... all down a bit on this final session of 2025 @finviz_com

2025 returns: $EEM +34% $EFA +32% @KoyfinCharts

All sectors red ahead of the ball drop @stockcharts ICYMI: My 5 Charts That Will Define Markets in 2026 article is out there... @stockcharts articles.stockcharts...

$TLT also losing steam as we close out 2025

Where's Santa? SPX LoD, poised to end the year near 6850

Bitcoin has 8 hours left to rally $13k to get back to $100k by year-end (NY time)

Traders believed 2025 US inflation would be near 3.5% earlier this year, but likely to verify near 2.8% @kalshi kalshi.com/markets/k...

GS: So Far, AI Investment Has Not Had a Major Impact on GDP

GS: The AI Spending Boom Is Not Too Big Relative to Investment Cycles Associated With Other General Purpose Technologies GS Bankers Report that Clients Expect Modest AI-Driven Headcount Reductions over the Next Year, Moderate Headcount Reductions Over the Next Three Years

GS: Global Central Banks Continued to Ease Policy Rates in 2025; We Expect Further Easing in 2026 Concerns Around Data Quality and Central Bank Independence Were a Focus in 2025 (and Will Likely Remain Top of Mind in 2026)

GS: Labor Markets Have Softened Across DMs DM Core Inflation Remained Above Target in 2025, but We Expect Renewed Progress in 2026

Some of Goldman's Top 10 charts of 2025... 2025 Global Growth Forecast Fell Drastically Following “Liberation Day” but Ultimately Held Up At An Estimated 2.8% An Almost Unprecedented Rise In the US Effective Tariff Rate, Although Much of the Increase Subsequently Reversed

Drop that ball! 5 Charts That Will Define Markets in 2026. Happy New Year! My year-end @stockcharts Technical Take: articles.stockcharts... @dailychartbook @pdunuwila