The most notable number for this week is the number from Friday of last week— but NOT the nonfarm payrolls number, despite its importance. The Michigan Survey of Consumer Confidence caught almost everyone unaware, both the decline in the figure and,
Investment Office Insights
January Recap: Stocks Rally as Market Leadership Shifts in Early 2025
Monthly Market Summary Stocks Trade Higher as Market Leadership Rotates After 2024’s Gains Stocks traded higher to start 2025, but there was a change in market leadership as the rally broadened. Large Cap Value, which underperformed over the
Five Near Term Market Themes to Watch
By Stuart Katz, Chief Investment Officer January 27, 2025 - Last week’s inauguration activities in Washington mark Donald Trump’s return to the White House. As the second Trump administration starts, the market is looking ahead to what
Robertson Stephens Weekly Commentary – January 27, 2025
This week, the Federal Open Market Committee meeting is expected to introduce a new monetary policy concept: The Pause. Of course, there is no such theory called “The Pause,” and there is not much theory behind this (in)action. Last week, stocks
2025 and Beyond: Investment and Wealth Planning Outlook Webinar
Jan 24, 2025 - Chief Investment Officer Stuart Katz and Head of Wealth Planning Mallon FitzPatrick have a conversation moderated by Chief Economist Jeanette Garretty as they offer their perspective on markets and wealth
Robertson Stephens Weekly Commentary – January 21, 2025
Some of you will remember the famous quote from the film “Apocalypse Now”: “I love the smell of napalm in the morning.” You can be forgiven for thinking this might be the new, intentionally theatrical motto of trade negotiators everywhere. Earnings
Robertson Stephens Weekly Commentary – January 13, 2025
It should be a doozy of a week. Financial markets are continuing to digest the extremely strong US nonfarm employment numbers from Friday while contemplating the release of a full load of inflation data. Strong economic growth going into the first
Robertson Stephens Weekly Commentary – January 6, 2025
Happy New Year. More so than most times, this "New" seems very new. Over the last 25 years, there have been only five two-year periods in which the US Congress and the White House have been controlled by the same political party; the current
Robertson Stephens Weekly Commentary – December 16, 2024
Economic data descends upon us this week, like big, fat, fluffy snowflakes. Each piece of data is different but collectively details the landscape, possibly even making for a snowball fight. The FOMC meeting, which will culminate in the last
Robertson Stephens Weekly Commentary – December 9, 2024
With few immediate concerns about the pace of economic growth —last week’s robust nonfarm payroll growth of 227,000 and an upbeat report from the National Retail Federation quite effectively set aside the slowdown worries — the focus now returns to