Justin Miller - Financial Advisor

Markets ended 2025 on a quiet note, but Q4 closed with gains across all major U.S. indexes as investors weighed lower interest rates, mixed labor data, and ongoing economic delays from the October shutdown. The S&P 500 rose 2.35% for the quarter, while the Dow led with a 3.59% gain. As we kick off the new year with resolutions and fresh starts, many of us reach for our favorite morning brew. But have you ever wondered about the global love affair with coffee and tea? Check out this month's by-the-numbers.

Quarterly Market Insights | January 2026 Quarterly Market Insights | January 2026 U.S. and Canadian Markets U.S. stocks notched a solid gain in the fourth quarter as investors cheered lower interest rates and solid corporate profits while navigating limited economic updates due to the U.S. government shutdown. The Standard & Poor’s 500 I...

Markets ended November on a five-day winning streak, softening earlier losses driven by concerns over tech valuations, consumer sentiment, and rate uncertainty. While the Nasdaq slipped 1.51 percent, the S&P 500 held steady and the Dow inched up 0.32 percent. All eyes now turn to the Fed's final meeting of the year on December 9–10.

Monthly Market Insights | December 2025 Monthly Market Insights | December 2025 U.S. Markets Stocks were mixed in November as a late-month rally almost clawed back losses from earlier in the month. The Standard & Poor’s 500 Index rose 0.13 percent, while the Nasdaq Composite declined 1.51 percent. The Dow Jones Industrial Average edged ...

October marked the sixth straight month of gains for U.S. markets, with the Nasdaq gaining 4.70% and the S&P 500 climbing 2.27%, powered by strong Q3 corporate earnings that overcame government shutdown concerns and trade tensions. The Fed delivered a quarter-point rate cut on October 29, though Chair Powell signaled a December adjustment wasn't a "foregone conclusion." As families prepare for Thanksgiving, last year's feast for 10 averaged \$58.08, with the turkey alone representing 43% of the total cost at \$25.67.

Monthly Market Insights | November 2025 Monthly Market Insights | November 2025 U.S. Markets Stocks advanced for the sixth consecutive month in October as major averages pushed through a government shutdown and trade jitters. Robust Q3 corporate results drove momentum over a month that is notorious for market declines. The Standard & Poor...

Read the Park Avenue Securities September Monthly Market Commentary for our latest market analysis. Highlight: Stocks achieved record levels in September as the Fed cut rates for the first time since 2024. https://www.parkavenuesecurities.com/monthly-market-commentary-october-2025

Do you still have a Thrift Savings Plan (TSP) from your time in service?

If you’re recently separated or still have your TSP sitting untouched, you may have options you haven’t explored yet. One of the most powerful moves you can make is rolling your TSP into an IRA.

Why consider it?

• More investment options – IRAs typically offer a much wider range of funds, ETFs, and strategies than the TSP’s limited menu.

• Flexibility – You can align investments with your personal goals, risk tolerance, and time horizon.

• Consolidation – Having everything in one place can make managing your financial life simpler.

• Planning opportunities – IRAs open the door for strategies around taxes, retirement income, and legacy planning.

• Ongoing contributions – Once you’ve separated, you can’t add new money into your TSP. With an IRA, you can continue building on your retirement savings every year.

Your TSP served you well during your time in uniform. Now it might be time to take the next step in making that money work for you.

If you’re a veteran or recently transitioned out of the military and want to learn more about whether rolling over your TSP is right for you, I’d be happy to connect.

Having multiple types of asset classes can help insulate you from market shocks so you can build healthy cash flow in retirement, no matter what happens. Here are two shock-absorbing financial assets you may have overlooked.
https://www.parkavenuesecurities.com/how-help-protect-against-market-volatility

Read the Park Avenue Securities September Monthly Market Commentary for our latest market analysis. Highlight: Asset class returns were broadly positive in August as stocks achieved new record levels. https://www.parkavenuesecurities.com/monthly-market-commentary-september-2025