Money with Murphy: Market Resilience in the Face of Headwinds

In 2025, financial markets were tested but responded with resilience, posting a third consecutive year of double-digit gains. All 11 sectors of the S&P 500 saw gains but only two stocks in the Magnificent Seven beat the index’s 17% return. Earnings growth kept up pace proving the market’s momentum was backed by strong fundamentals. As we look at 2026, we will be monitoring continued political uncertainty, heightened valuations, and the sustainability of AI-related capital expenditures. In this week’s Money with Murphy, Kara walks through the highlights of 2025 and what to watch for in the months ahead.

 
The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Advisor Services Holdings C, Inc., d/b/a Kestra Holdings, and its subsidiaries, including, but not limited to, Kestra Advisory Services, LLC, Kestra Investment Services, LLC, and Bluespring Wealth Partners, LLC. The material is for informational purposes only. It represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. It is not guaranteed by any entity for accuracy, does not purport to be complete and is not intended to be used as a primary basis for investment decisions. It should also not be construed as advice meeting the particular investment needs of any investor. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was created to provide accurate and reliable information on the subjects covered but should not be regarded as a complete analysis of these subjects. It is not intended to provide specific legal, tax or other professional advice. The services of an appropriate professional should be sought regarding your individual situation. Kestra Advisor Services Holdings C, Inc., d/b/a Kestra Holdings, and its subsidiaries, including, but not limited to, Kestra Advisory Services, LLC, Kestra Investment Services, LLC, and Bluespring Wealth Partners, LLC. Does not offer tax or legal advice.