The U.S. economy ended 2025 with mixed signals. Slower GDP growth, stubborn inflation, and a cooling housing market, yet the stock market still pushed higher. The Fed cut interest rates as the job market softened, and forecasts for early 2026 shifted in a cautiously optimistic direction.
Curious what’s driving these shifts and what they could mean next? Honkamp Shareholder Rob Liebfried breaks down what’s behind these trends and what they could mean for early 2026. Q4 2025 Economic Overview and Forecast