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Fall 2025 Update

Fall 2025 Update

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Audio version of the Fall 2025 update (text version available on substack at fpmcapital.substack.com). Highlights include a review of strong financial market returns during the third quarter, boosted by strong corporate earnings, AI investment boom and an easing interest rate cycle, and a look ahead at trends which may shape the economy and markets as we head into year end.

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