Market Note: What the War in Iran and the Latest Job Report Mean for Investors
March 10, 2026 – As the war between the U.S., Israel, and Iran enters its second week, the hope for a short, Venezuela-style campaign is fading. Iran’s reported choice of Mojtaba Khamenei, the son of Ali Khamenei, as its next supreme leader suggests that a mood of defiance persists in Tehran. With no popular uprising […]
Five Charts for the Week That Was: March 6, 2026
Chief Economist Jeanette Garretty provides 5 economic charts covering topics including oil, natural gas, and payrolls.
Market Update: Iran vs The World
March 6, 2026 – Below are some of my preliminary thoughts on the situation in the Middle East. We will be hosting a mid-quarter Live Market Update on Friday, March 13th. While this is a regularly scheduled discussion, we will focus on the war, its impact on the markets, and the prospects for the Middle East […]
February 2026 Recap
The Economy While recent headlines have leaned toward sensationalism regarding AI’s disruption of the labor market, we view the integration of artificial intelligence as a secular tailwind for long-term productivity growth and therefore the economy. Concurrently, high-profile layoffs often dominate the financial press but remain statistically marginal within a robust workforce of 160 million. Furthermore, […]
Five Charts for the Week That Was: February 20, 2026
Chief Economist Jeanette Garretty provides 5 economic charts covering topics including GDP, Personal Income, Federal Budget, and Commercial Mortgage Backed Securities.
Market Note: Judgment Day for Software?
February 20, 2026 – After almost a year of AI euphoria, the stock market recently plunged into AI blues. Once seen as a great boost to all things technology, overnight AI turned into an imminent threat to software companies whose products are now seen as ripe for disruption. While fears around the fate of software […]
Q4 2025 Commentary
As we wrapped up 2025, markets delivered another strong quarter and capped off a year of solid returns. At the same time, the fourth quarter offered a useful reminder that headline performance rarely tells the whole story. Under the surface, leadership narrowed, volatility came in shorter bursts, and fundamentals, rather than narratives, mattered most. U.S. […]
Five Charts for the Week That Was: February 6, 2026
Chief Economist Jeanette Garretty provides 5 economic charts covering topics including China, trade, manufacturing, and employment.
January 2026 Monthly Markets Update
Executive Summary The S&P 500 Index gained +1.5% in January, setting a new high as it traded above 7,000 for the first time. The month was also marked by sharp sector rotation; value outpaced growth across market caps. Large Cap Growth declined -1.5% as tech stocks traded lower, while Large Cap Value rose +4.6%. The […]
Robertson Stephens Ends 2025 with $8.7 Billion in Assets
SAN FRANCISCO, February 4, 2026—Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), today announced that it ended 2025 with $8.7 billion in advisory assets under management, marking 23% growth over the preceding 12 months. Last year, Robertson Stephens completed two acquisitions, adding or increasing presences in the New York area and Rhode Island. “This was a […]
January 2026 Recap
Economic Commentary January 2026 economic data implied a solid growth outlook despite some noise. The widening trade deficit knocked Q4 GDP estimates down from 5% to around 4%, and perhaps even the high threes, but that is still strong growth, especially given the distortions from the government shutdown. We note that jobless claims have edged […]
Fumbles or Fortunes? The S&P After the Super Bowl
Seattle Seahawks Super Bowl Date Location Opponent Score Opponent Score Result S&P 500 CY Performance* XL Feb. 5, 2006 Ford Field (Detroit) Pittsburgh 10 21 Loss 15.8% XLVIII Feb. 2, 2014 MetLife Stadium (East Rutherford, N.J.) Denver 43 8 Won 13.7% XLIX Feb. 1, 2015 University of Phoenix Stadium (Glendale, Ariz.) New England 24 28 […]