More Cockroaches Under the Hood?
November 3, 2025
Walter’s last update was at the very start of a government shutdown, and surprisingly, we are still here. In this month’s First Look, Walter addresses how the team is navigating a complex landscape shaped by mixed corporate earnings, potential credit risks, and evolving Federal Reserve policy. With economic data on pause and legal challenges to trade policy emerging, investors are relying on company insights and private indicators to gauge momentum.
In this month’s video:
- Federal Reserve: The Fed cut rates by 0.25%, but dissenting votes and Powell’s comments suggest uncertainty around future cuts. December’s decision is now a coin toss
- Supreme Court Tariff Case: Opening arguments begin this week on the legality of Trump-era tariffs under IEPA which could reshape trade policy in 2026.
- Subprime Auto Lending: First Brands Bankruptcy raises concerns about broader credit risks.
Greenwood Capital is an SEC-registered investment advisory firm. This material has been prepared for information purposes only, is not intended to provide, and should not be relied on solely for tax, legal, or accounting advice. Subtitles are automatically generated.
