Jeanette Garretty on Bloomberg Radio
November 27, 2023 – Chief Economist and Managing Director, Jeanette Garretty appeared on Bloomberg Daybreak Asia to discuss U.S. eco data/preview Fed. “I just want to highlight, I think it’s going to be an interesting meeting and I think there’s going to be a lot of dissent behind closed doors. Not when they make the […]
FOMC Commentary – November 1, 2023
By Chief Economist, Jeanette Garretty The FOMC interest rate announcement today came in almost completely as expected, holding the Fed Funds policy target at 5.25%-5.5% and no change in the Quantitative Tightening (QT) program which has served to reduce the securities on the Federal Reserve balance sheet by more than $1 trillion. Very little in […]
Jeanette Garretty on Bloomberg Daybreak: Australia
November 1, 2023 – Chief Economist and Managing Director, Jeanette Garretty appeared on BloombergDaybreak: Australia to discuss her outlook for the US economy as investors await the November Fed Rate decision. “I think that what they’re going to do is they’re going to come out and say, ‘we continue to watch the data and they will allude in […]
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 […]
Jeanette Garretty on Bloomberg Daybreak: Asia
September 28, 2023 – Chief Economist and Managing Director, Jeanette Garretty appeared on Bloomberg Daybreak: Asia to discuss the prospect of a federal government shutdown and the economic implications. “I’m quite concerned about what the impact might be on interest rates, especially if there’s a change in credit ratings or of a change in credit ratings,” says Garretty. “Right now, the […]
FOMC Commentary – September 20, 2023
By Chief Economist, Jeanette Garretty FOMC Statement The Federal Open Market Committee (FOMC) decision to keep the Fed Funds rate target at the 5.25%-5.5% was not unexpected, although in the last few days there had been speculation that recent increases in oil and gasoline prices might prompt the Fed to take pre-emptive action against a potential […]
Jeanette Garretty on Bloomberg Daybreak: Australia
August 28, ,2023 – Chief Economist and Managing Director, Jeanette Garretty appeared on Bloomberg Daybreak: Australia to discuss outlook for the US Economy and review Fed Chair Powell’s speech at the Jackson Hole Economic Symposium. “We don’t know really what that neutral rate is. And that’s what I think the market is starting to absorb […]
Advisors roll with the Fed’s well-telegraphed monetary policy move
July 26, 2023 – Chief Economist and Managing Director, Jeanette Garretty was featured in InvestmentNews discussing ‘Advisors roll with the Fed’s well-telegraphed monetary policy move.’ “The June pause throws a wrench into the works of forecasting the Fed’s next moves,” said Garretty. “Now that they’ve set the precedent of skipping a meeting and going back […]
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 Wealth Management, LLC”), an SEC-registered […]
Jeanette Garretty on Bloomberg Daybreak: Australia
July 12, 2023 – Chief Economist and Managing Director, Jeanette Garretty appeared on Bloomberg Daybreak: Australia discussing the outlook for the US economy as the inflation rate slid to a more than two-year low. “I think most of those trends, one of the things that makes this a good report is that when you look […]
3 Questions with Robertson Stephens Wealth Management, LLC featuring Jeanette Garretty
March 23, 2023 – Chief Economist, Jeanette Garretty, joins Chief Marketing Officer, Louis Calabrese, to discuss the recent FOMC meeting and the economic effects of the Silicon Valley Bank collapse. Disclosures Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens Wealth Management, LLC”), an SEC-registered investment advisor. Registration does not imply any […]
Reflections on Banking
By Jeanette Garretty, Chief Economist March 15, 2023 – My career in finance is almost exactly coincident with the deregulation of the banking industry. The Deregulation and Monetary Control Act of 1980 allowed depository institutions a freer hand in setting depository account interest rates, partly in response to the innovation of the enormously popular CMA […]