Portfolio Update 12/15/2025

Will Santa Rally come to town?

The Fed delivered its rate cut right on cue—no surprises there. Meanwhile, whispers of an AI bubble refuse to fade, and the labor market keeps sending mixed signals depending on which data point you’re staring at.

Against that backdrop, my portfolio climbed 2% since the last update, edging out SPY’s 1.3% gain. Not bad, though I’ll admit I was hoping to punch through the $900k level again. Maybe next time.

Looking back, this year’s returns haven’t exactly been fireworks-worthy—but hey, green is green. With two weeks left on the clock, we’ll see if the market has any surprises in store. Santa Rally, you’re up. 🎅🏼⬆️