Patrick Fruzzetti, Partner and Managing Director at Rose Advisors, discusses positioning portfolios for volatility as political risks rise. Stocks are ending a third year of double-digit gains in subdued fashion as an expected seasonal rally fails to gain traction. Silver’s volatile ride extended to another session. S&P 500 futures were little changed after a stretch of post-Christmas losses pared the benchmark’s advance for 2025 to 17%. Nasdaq 100 contracts were down 0.1%. Silver plunged as a