Understanding the yield curve: why economists use it to predict recessions
October 24, 2023 – Chief Investment Officer, Stuart Katz and Chief Economist & Managing Director, Jeanette Garretty were featured in Fortune to discuss ‘Understanding the yield curve: why economists use it to predict recessions.’ “Every recession that we’ve seen has been preceded by an inverted yield curve,” says Garretty. “That’s not to say that every inverted yield curve has pointed to […]
How Much Pain Will China’s Slowdown Cause? Investing Pros Weigh In.
September 29, 2023 – Chief Investment Officer, Stuart Katz was featured in Barron’s discussing ‘How Much Pain Will China’s Slowdown Cause? Investing Pros Weigh In.’ “The largest U.S. companies are less exposed to the growing middle class of China and its need for consumption than some of the larger European luxury goods companies,” Katz said. “As a result, the […]
Fitch Rating Agency Downgrade Fallout
By Stuart Katz, Chief Investment Officer Robertson Stephens August 2, 2023 – Stocks continue one of their best years on record. Since 1927, this year ranks as the tenth best year through July 31st. The 2023 strength is supported in part by better-than-expected earnings and more evidence of a resilient US economy that may glide into […]
2023 Mid Year Outlook Webinar
July 25, 2023 – Chief Economist, Jeanette Garretty, hosts Chief Investment Officer, Stuart Katz, and Head of Wealth Planning, Mallon FitzPatrick, to discuss the 1st half of 2023 and their expectations for the remainder of the year. Disclosures Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered investment advisor. Registration […]
Stuart Katz on CNBC Street Signs Asia
July 12, 2023 – Chief Investment Officer, Stuart Katz appeared on Will Koulouris CNBC Street Signs Asia to discuss volatility in domestic markets and what opportunities the emerging markets hold. “I think the reality is that you have a resilient U.S. economy and the markets have year to date ignored the idea that long duration […]
For Trend-Setting Family Offices – and Those Following Their Lead – Timing Is Key
June 27, 2023 – Chief Investment Officer, Stuart Katz was featured in Chief Investment Officer Magazine to discuss ‘For Trend-Setting Family Offices – and Those Following Their Lead – Timing Is Key.’ “There are diverse opportunities in private credit that can work for families, institutions, foundations, endowments,” says Katz. “We’ve seen interest in corporate lending, real estate lending and, […]
When Will Gas Prices Go Down?
June 13, 2023 – Chief Investment Officer, Stuart Katz was featured in The Wall Street Journalto discuss ‘When Will Gas Prices Go Down? Don’t expect cheap Covid-era gas prices to return any time soon.’ “A large share of retail gas prices is crude oil price per barrel,” says Katz. “When per-barrel prices go up, gas […]
Dr. Copper’s weak performance suggests more economic woes ahead
June 1, 2023 – Chief Investment Officer, Stuart Katz was featured in MarketWatch to discuss ‘Dr. Copper’s weak performance suggests more economic woes ahead.’ Forecasts suggest “growing demand for copper from the power and construction sectors, and the proliferation of electric vehicles may result in a copper shortage by 2025,” says Katz. “Copper prices are […]
Warehouses Outperform in Cloudy Commercial Real Estate Environment
May 1, 2023 – Chief Investment Officer, Stuart Katz was featured in Chief Investment Officer Magazine to discuss ‘Warehouses outperform in a cloudy commercial real estate environment.’ “Many people developed new habits during the pandemic and we don’t see them going back,” says Katz. “This was the case before the pandemic, but people spending so […]
3 Questions with Robertson Stephens featuring Stuart Katz
April 21, 2023 – Chief Investment Officer, Stuart Katz, joins Chief Marketing Officer, Louis Calabrese, to discuss his views on the remainder of 2023, commercial real estate and AI(artificial intelligence). Disclosures Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered investment advisor. Registration does not imply any specific level of […]
Money Market Funds
By CIO, Stuart Katz March 13, 2023 – During the April 2020 COVID market meltdown, there was an increasing number of questions regarding money market funds. It seems we are “back to the future.” Below is the Investment Office’s summary of several key issues to consider in this environment of elevated uncertainty and volatility. “Broke […]
Catalysts, Consequences, Contagion (Triple CCC)
By Stuart Katz, CIO March 10, 2023 What Yesterday, bank stocks declined, triggered partly by an item on the list of SEC disclosures by SVB Financial (stock declined 63%), owner of Silicon Valley bank (the 16th largest bank in the US with $210 billion in assets). These disclosures included a substantial capital raise to shore […]