January 26, 2023 - Chief Economist and Managing Director, Jeanette Garretty appeared on Bloomberg TV to discuss the US economic outlook. “When one looks forward, one has to put the whole thing together and say, ‘how is this going to come through?’,”
Jeanette Garretty
Robertson Stephens Weekly Commentary – January 23, 2023
Later this week, the Bureau of Economic Analysis will release its first (of three) estimate of fourth quarter US GDP. The data leading up to this announcement has been relatively clear in signaling that the top-line growth rate is in the range of
Robertson Stephens Weekly Commentary – January 17, 2023
Global economic developments take the stage this week, with China having already grabbed the spotlight by announcing 2022 economic growth of 2.9% -- better than expected but well below the long-standing Chinese growth target of 6%. In addition to
Robertson Stephens Weekly Commentary – January 9, 2023
All eyes this week fall on the inflation numbers for December and how they will answer the many questions about the path forward for the Fed and the US economy. The week started with an important positive from the New York Fed, which reported a
Robertson Stephens Weekly Commentary – January 3, 2023
The new year begins with China fully opening for business after dropping zero-Covid policies, Europe flush with energy reserves and the US economy growing at an approximate 3.5% pace. Nevertheless, anxious questions about all three critical regions
Of Tortoises and Hares
As published in Wealthmanagement.com By Jeanette Garretty, Chief Economist Jan 1, 2023 - The last half-decade has seemed to have a certain “rush-to-get-there” quality, exemplified by high-tech unicorns, COVID frustrations, cryptocurrency dreams
Robertson Stephens Weekly Commentary – December 12, 2022
All eyes are on the Federal Reserve this week, with a more than side-long glance at economic activity in the United States and China. Wednesday’s announcement of interest rate changes – a 50 bps increase in the Fed Funds rate is widely expected—and
Robertson Stephens Weekly Commentary – December 5, 2022
The US economy continues its steadfast march to the end of the year, with few signs of weakening consumer spending and a still strong labor market. The Federal Reserve is inclined to keep raising interest rates, albeit at a slower pace, as indicated
Robertson Stephens Weekly Commentary – November 28, 2022
There is mounting evidence that global inflation has peaked. Decelerating price increases or outright price declines are primarily witnessed in wholesale/producer prices which may account for as much as half of the unusually sharp rise in inflation
Robertson Stephens Weekly Commentary – November 21, 2022
Another Fed rate increase in December, following on the recent 75 bps increases, which have probably yet to have a full impact on the economy, may be sufficient to establish a different pace of growth – and a different, lower outlook for inflation—as