Silver Soars To Record High As November Ends With S&P's Best Tnxgiving Week Since Lehman

November was a wild month, violently swinging from seasonal optimism to growth scares and AI bubble blow-ups and back to Fed/Treasury-Put-driven confidence.

US stocks are trading moderately higher Friday, significantly higher on the week, and on pace for a remarkably flat performance for the month on the back of a ~3.5% gain this week as investors have been digesting oscillating sentiment around the next Fed rate cut (its back on apparently), a closed then re-opened federal government, a very constructive 3Q25 corporate earnings season, and continued evaluation of just where we are in the AI revolution trading (and fundamental) cycle.