Market Resilience and Year-End Opportunities

Despite some turbulence in November, we remain steadfastly optimistic about the months ahead. As Bob Graham shares in our latest video, recent earnings have been robust across most sectors, with technology, financials, industrials, and now healthcare showing notable strength. While short-term market choppiness is a reality—mirroring the “two steps forward, one step back” pattern we’ve seen since spring—the broader trend points to ongoing resilience.

Historically, the period from November through May has delivered some of the best returns, and our research suggests this cycle is likely to repeat. The continuing buildout of artificial intelligence across industries provides solid momentum, and improving conditions in fixed income, aided by a likely easing in interest rates, further support our positive outlook.

Our team is also sending year-to-date realized gains and losses statements. Please review your letter and reach out to discuss tax planning opportunities before year-end. As always, our advisors are here to answer questions and help position your portfolio for ongoing success.

Let’s move forward with optimism and discipline together—your Riggs team is ready to help you make the most of what looks to be a strong finish to the year.