Looking Ahead: What We’re Watching in the Year Ahead

As we turn the page on another year, it’s a natural time to reflect—and to look forward. In this brief introduction, we preview our year-end market commentary and outline the two forward-looking videos below, where we discuss investment opportunities, potential risks, and why diversification remains a key focus for investors heading into the new year. The video can be viewed below.

Opportunities and Risks: Three Things We Like—and Three We’re Watching Closely

Looking ahead to 2026, the market environment offers both reasons for optimism and risks that warrant careful attention. In this video, we walk through three factors we believe could support markets in the year ahead, along with three areas that give us pause—ranging from monetary policy and AI-driven growth to valuations, inflation, and labor market trends. The video is available below.

Is Your Portfolio Truly Diversified? Why International Investing Matters

Many investors assume their portfolios are diversified, but in reality, they may be overly concentrated in U.S. stocks—particularly U.S. large-cap equities. In this video, we discuss why true diversification goes beyond the number of holdings, how international equities can help reduce risk, and what level of global exposure may make sense for long-term investors. The video can be viewed below.

If you have any questions or would like help evaluating your portfolio’s diversification, please contact a S+HWM advisor.

Unless stated otherwise, any estimates or projections (including performance and risk) given in this presentation are intended to be forward-looking statements. Such estimates are subject to actual known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those projected. The securities described within this presentation do not represent all of the securities purchased, sold or recommended for client accounts. The reader should not assume that an investment in such securities was or will be profitable. Past performance does not indicate future results