Weekly Market Update as of 9/23/2025

In this episode of The Weekly Rebalance, Ethan Dunbar and Nicholas Cargill discuss the Fed’s latest moves, weighing the risks of inflation versus unemployment and what Powell’s commentary means for investors. They also dive into how rate cuts flow into mortgage markets, the challenges of sector classification in today’s market, and why diversification and risk management are more important than ever.

Key topics include:

• Fed rate cuts and the tension between inflation risks and labor market weakness

• The impact of rate moves on mortgage rates and long-term debt costs

• Sector performance: why traditional classifications (e.g., consumer discretionary vs. tech) are increasingly blurred

• Tactical shifts toward value sectors, international equities, and alternatives like timberland and farmland

• The dominance of the Magnificent 7 and how risk management should guide portfolio decisions

👉 A clear, timely conversation for investors navigating today’s uncertain markets.