Here, There, And Everywhere Report - November 2025

What would “Old Man Partridge” say about the end of 2025? Risks are mounting everywhere one looks. The labor market is more than wobbly. The AI capex boom is a bubble, the front pages proclaim. And geopolitical tensions have been percolating throughout the year. The odds are that the venerable investor from the Reminiscences of a Stock Operator would cast a tired glance from behind his spectacles and utter, under his breath, “Well, you know this is a bull market.”