Market Note: Not Your Average July
July 26, 2024 – Summer is normally a quiet time of year as families head for vacation and headlines and markets take a back seat. But not this year. As we bake under the suddenly ubiquitous heat domes and global temperatures set records only to immediately break them, the news cycle has been moving so […]
Pilot Services
With extensive experience in both the finance and aviation sectors, we are dedicated to the investing, wealth management, and retirement needs of the more than 125 airline pilots and their families we serve. We are proud to have aviator clients a large portion of our clientele, and we are trusted and well-versed in meeting the […]
Quarterly Letter: The Value Meal Wars
July 10, 2024 – A truism of US economics is that one should never underestimate the US consumer and their ability to propel the economy forward through spending. But what happens when consumers start running out of money? Fast-food chains are finding out. After years of raising prices and increasing profits, consumers appear to have […]
Robertson Stephens Opens 1st Office in Oregon, Hits $6 Billion in Client Assets
Rain Capital joins Robertson Stephens, opens new office in Portland, OR SAN FRANCISCO, July 9, 2024—Robertson Stephens Wealth Management, LLC (“Robertson Stephens”) has strategically expanded its presence in the Pacific Northwest by partnering with Rain Capital, an SEC-registered investment advisor managing over $360 million in advisory assets. David Reichle and Ellen Kim, co-founders of Rain Capital, […]
2024 Mid Year Investment and Wealth Planning Outlook Webinar
Chief Economist Jeanette Garretty hosted Chief Investment Officer Stuart Katz and Head of Wealth Planning Mallon FitzPatrick as they discussed the first half of 2024 and their outlook for the remainder of 2024.
Impact Investing
Impact investing can be a powerful means to align one’s investments with one’s values, but it can mean different things to different people. For some, it’s an opportunity to put their money to work having a positive impact on the world, while others seek to align their portfolios with their personal beliefs, often targeting a […]
FOMC Commentary – June 12, 2024
By Chief Economist, Jeanette Garretty June 12, 2024 Chairman Powell has a problem. He won’t forecast. He is prepared to act on interest rates more quickly “if the labor markets deteriorate unexpectedly” while at the same time acknowledging that if he waits to see that, it’s likely to be too late (monetary policy has an […]
Market Update: Socialized Risk
June 11, 2024 – As we approach the end of the quarter and I start to think about what we have seen in the markets, I continue to be stunned by the stock market action. Up, up, and up. Stock market valuations don’t seem to be coming in line anytime soon. Growth companies with profits […]
Market Note: Summer Economics
June 7, 2024 – As we step into summer, thinkof US economic growth as a car that is no longer accelerating, but is still moving forward, powered by its own momentum. With a moderate 1.3% annualized growth in the first quarter of 2024, the Fed’s monetary tightening finally appears to be working. Unemployment remains at […]
Growing Economic Concerns
By John Lau June 3, 2024 – From my vantage point, the biggest concern for this market right now is an unexpected economic slowdown because that is one of the few events that can potentially cause a material correction in stocks. While economic data suggest slower growth—for example, the Q1 GDP revision implied slower growth—the […]
A Road to Healthy Living: Episode 6
In Episode 6 of my Road to Healthy Living Vlog series, I discuss the results of my recent scans.
Europe Has a Growth Problem. Should You Care?
By Jeanette Garretty and Avi Deutsch May 17, 2024 – In 2007, on the eve of the global financial crises, the economies of the European Union and the US were almost identical in size. Fifteen years later, in 2022, the US economy was 1.5 larger than the EU’s.[1] The difference in GDP per capita is […]