December 2025 Stock Market Outlook: Where We See Investment Opportunities
Plus: Top-Performing Stock ETFs, The Best REITs to Buy, and 6 Reasons Why Tax-Gain Harvesting Is the Most Proactive Planning Strategy
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Advisor DigestDecember 4, 2025 Featured David Sekera Heading into year-end, Santa Claus Rally or AI exhaustion? Top Stories Vanguard Target Retirement Lifetime Income will offer retirement savers access to an annuity. Jason Kephart What it doesn’t necessarily mean: going all-in on active fixed income. Dan Lefkovitz Chinese and Taiwanese AI-focused stocks lift emerging markets. Sunniva Kolostyak, Gabe Alpert Capital gains realization reduces future tax liability and maximizes client wealth. Sheryl Rowling The Vanguard Value Index Fund led stock ETF returns in November, while the Vanguard Growth Index Fund lagged. Bella Albrecht, Lauren Solberg These mutual funds and ETFs earn the highest Medalist Rating from Morningstar’s analysts. Laura Lallos Alpha Architect US Quantitative Value ETF and GQG US Equity ETF were among the best-performing ETFs in November. Bella Albrecht Retirees can increase their spending power by taking a more flexible approach. Amy Arnott, Christine Benz, Jason Kephart Inefficiency and complexity create opportunities for active bond managers. Laura Lallos The Long View Podcast Christine Benz, Amy Arnott The author and investment advisor on the danger of chronic deficits, the importance of central bank independence, warning signs in private credit, and why he’s still optimistic about America’s future.
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