Warsh Draws a Line: Inflation Fight Back in Focus
Federal Reserve Chairman Kevin Warsh used his speech at the Jackson Hole Economic Symposium to take back a bit of control over the interest rate narrative. He successfully communicated — for the first time during his short tenure — his views on the economy and his concerns about inflation. Probably the most interesting part of the speech for bond traders was his reluctance to use the modest improvements in recent US inflation numbers as an argument for having patience with the current approximately 3.5% pace of price increases. For others, his amazingly clear statement that “monetary policy cannot easily be described as restrictive” was long-awaited insight into his thinking about monetary policy (and a reminder of the hawkish policy stances he was once widely known for.)
Summer Ends, the Bullish Tilt Remains – August 31, 2026
Good morning, Welcome to the final Morning Note of Summer 2026—which is difficult to comprehend, frankly. Life seems to be moving faster than ever. Tomorrow marks two years for us in Florida, and I still feel like a newbie. Last week, U.S. equities finished modestly higher, with the S&P 500 gaining +0.48% and the Nasdaq […]
Robertson Stephens Finalist in Four 2026 ThinkAdvisor Luminaries Awards
We are excited to share that Robertson Stephens has been nominated as finalists for three ThinkAdvisor Luminaries Awards categories. This accomplishment is a reflection of our team’s commitment to excellence and forward thinking in this always-evolving industry. Looking forward to the winning announcements in December! RIAs – Less Than $10 Billion AUM/AUA: CEO of the […]