The market’s on pause, and everyone’s staring at Powell.

Stocks were mixed Tuesday as investors waited for the Fed’s final policy move of 2025.

But things aren’t exactly quiet:

Let’s get into it.

In partnership with Roku

Now through the end of the year is prime streaming time on Roku, with viewers spending 3.5 hours each day streaming content and shopping online. Roku Ads Manager simplifies campaign setup, lets you segment audiences, and provides real-time reporting. And, you can test creative variants and run shoppable ads to drive purchases directly on-screen.

Bonus: we’re gifting you $5K in ad credits when you spend your first $5K on Roku Ads Manager. Just sign up and use code GET5K. Terms apply.

Use code GET5K now

Please support our partners!

Markets were mixed on Tuesday as investors waited for the Federal Reserve’s final policy decision of the year.

All eyes are on the Fed as it prepares for a third straight rate cut of 25 basis points on Wednesday, bringing the benchmark range to 3.5% to 3.75%. The committee remains divided between members worried about labor market weakness and those concerned about inflation staying above target. Economists expect a “hawkish cut,” signaling that further easing may pause in 2026.

Oracle (ORCL) is reporting earnings today. Larry Ellison’s company is up 30% YTD, and is expected to post $16.21 billion in revenue for the quarter (up 15% from a year ago), according to Yahoo Finance.

Elon Musk’s SpaceX is reportedly planning to IPO in 2026 at a valuation of $1.5 trillion (raising $30 billion, which would be the largest IPO ever). A $1.5 trillion market cap would automatically make SpaceX the tenth-largest company in the world. As always with the biggest IPOs, retail investors are excited to own a piece of the pie, but also lament the fact that they couldn’t buy in at a lower price.

Silver just hit a new all-time high of $60/ounce.

Labor market data cooled further. Job openings rose slightly to 7.67 million in October, while hiring fell by 218,000, and quits dropped to their lowest level since 2020. The “no-hire, no-fire” trend continues, with layoffs inching up to 1.85 million. Economists say the cooling job market could justify a cut from the Fed to get ahead of deeper weakness.

Oil prices slid again, with Brent closing at $61.94 and WTI at $58.25. Traders are watching the Ukraine peace talks and the Fed’s decision for direction. A potential deal could bring Russian supply back online, while lower US rates might support demand. Analysts expect crude to stay in the $60 to $65 range amid ample supply and cautious demand forecasts for 2026.

Antique markets are heating up as collectors chase scarcity and craftsmanship. Tiffany lamps sold for an average of $27,000 on 1stDibs, with demand for Art Nouveau glasswork and floral motifs pushing prices higher through 2025.

Art Nouveau glass by Emile Gallé and Lalique climbed in value as collectors paid premiums for vases and figurines featuring botanical or animal themes. Searches for Gallé pieces jumped on 1stDibs, signaling a broader shift toward colorful, handcrafted decor.

Victorian furniture and ceramics rebounded in popularity. Fine wood tables by Howard & Sons and porcelain from Meissen drew new buyers who viewed “brown furniture” as undervalued. As mid-century modern cooled, ornate craftsmanship regained investor attention.

We love hearing from you, and we deeply appreciate your feedback.

That’s all for today. Did we miss anything? Smash the reply button to let me know.

Cheers,
Brandon & Blake of Invested Inc