Will Allocators Ever Embrace Liquid Alts?
CIO Magazine, June 29, 2021 Chief Investment Officer, Stuart Katz, spoke with Lawrence Light to weigh in on the liquidity of alternative investments. Stuart highlights the “mismatch between daily liquidity and the underlying asset.” Read more in Chief Investment Officer Magazine here. Disclosure Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson […]
Record Stock Sales From Money-Losing Firms Ring the Alarm Bells
Bloomberg June 27, 2021 Jeanette Garretty shared her views in Bloomberg regarding why there has been a record amount of stock sales from money-losing firms, and what it means to the market. More from Jeanette can be read here. Disclosure Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered […]
What is the Morning Note?
As a lifetime student of the market, I consume my fair share of daily market research and opinion. The Morning Note is a curation of the various research outlets I review. I subscribe to three independent research firms: Ned Davis Research, Dorsey Wright & Associates, and Lowry’s Research. Through Robertson Stephens as a fiduciary RIA, […]
Portfolio Resilience in the Face of Uncertainty
By Stuart Katz, Chief Investment Officer June 24, 2021 – Despite rapid and unpredictable change in the world, many investors have remained steadfastly focused on near- and medium-term performance, settling into a comfort zone of smooth market assumptions. This sense of complacency is especially concerning with current lofty valuations providing a limited margin for safety […]
The Best Laid Plans…Are Usually Estate Plans
By Mallon FitzPatrick June 16, 2021 There are many things that catch us off guard. Estate planning should not be one of them. Some may think of estate planning as an open-and-shut financial assessment, where designated boxes are checked during a professional planning meeting and files are neatly stored away until it is time to transfer […]
Jeanette Garretty on Bloomberg TV and Radio
June 4, 2021 Our Chief Economist Jeanette Garretty shared on Bloomberg TV and Radio her insights on whether the May jobs data numbers should be higher given the state of the economy. Watch Jeanette on Bloomberg TV Daybreak Australia beginning at the 29:30 mark here https://bloom.bg/3cdAymH and on Bloomberg Radio here https://bloom.bg/3vTMTnF
Early and Light “Out-of-Office” Morning Note
June 7, 2021 Good morning, I’ll be out of the office all morning so I’ll give you an early, and a bit of a light, Morning Note this morning. __________________________________ Overnight (as of 5am ET) Futures are off just slightly overnight. Markets run on narratives, and the dominant story at present is that the Fed […]
Triple Play Day
June 3, 2021 Good morning, I’m sure you’ve noticed that the overnight futures market has been horrible at predicting the next days’ action in the cash market over the past few weeks. Each morning we wake up to a pleasant lift across the entire equity financial futures spectrum only to see those gains fade through […]
Learning to Talk ESG with Clients
InvestmentNews By Jeff Benjamin May 27, 2021 Chris Knapp recently participated in the InvestmentNews Global ESG Summit on May 27th. He shares his insights on client conversations he’s had surrounding ESG and its opportunities. Read his insights here Disclosure Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered investment […]
Social Security and veterans benefits aren’t available to many LGBT clients. Here’s Why
Financial Planning By Tobias Salinger June 1, 2021 Lauren Sigman speaks to Financial Planning to discuss how the government and employee benefits of long-term LGBT couples are impacted if they do not get married. Read the article here. Disclosure Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered […]
Truly True to Form
June 1, 2021 Good morning, Welcome back, I hope you all had a nice holiday weekend. Last week was the first up week in three (+1.16% on the S&P 500) and accounted for all of the month’s gains (+0.70% for May). We look to enter June this morning picking up where May left off – […]
“Fully Invested Bear”
May 27, 2021 The Tape, the Fed and Sentiment – the three legs of Technical/Quantitative analysis. Recall T/Q analysis is a combination of four fields of market analysis; macro-economic, fundamental, technical and behavioral. What’s the message coming from the big three? Let’s start with the easiest discernment; the Fed. Normally, the Fed’s job is “to […]