Returns Hold Strong but Caution Remains

Welcome to this week’s Market Commentary with RFG Advisory’s Chief Investment Officer, Rick Wedell! 

Here’s what Rick covers: 

• The S&P 500 remains up ~15.5% YTD, with bonds also delivering solid returns. 
• Recent data indicates a cooling labor market, raising questions about economic momentum. 
• Inflation came in lower than expected, though data may be distorted by government shutdowns and incomplete reporting. 
• The importance of discipline and rebalancing, especially after a strong market year. 

Watch now to hear Rick’s perspective on the markets, economic backdrop, and key considerations as we head into 2026.