
Market Commentary
The CatShark Report November 23, 2025
If you are concerned by the red ink, we are not and can help you feel better after you read below. Here’s each strategy (please remember to check Black Diamond for your specific results):

If you are concerned by the red ink, we are not and can help you feel better after you read below. Here’s each strategy (please remember to check Black Diamond for your specific results):

Despite ending the government shutdown, markets fell over concerns about employment, ongoing inflation (the affordability crisis)

A down week as the trash rally found a peak, fell and bounced late Friday. We were slightly down for the week and importantly, we are ahead of every benchmark, demonstrating our renewed superior portfolio design.

We had a relatively flat week where preferred stock prices held us back. These are not a concern, which we will discuss.