Jeanette Garretty on NASDAQ Trade Talks
NASDAQ Trade Talks Jill Malandrino, Interview, October 2, 2020 Jeanette Garretty, Chief Economist of Robertson Stephens, discusses business planning for 2021 and economic outlook surrounding the U.S. labor force. Watch the interview here.
Business Planning and the Economy
Jeanette Garretty, Chief Economist, September 9, 2020 Anyone who has taken a first-year economics course has heard about what is sometimes called the micro-macro paradox, where completely valid decisions by individual actors in the marketplace lead, in the aggregate, to market conditions that invalidate those decisions (Note: the paradox was alternatively defined by Paul Mosley […]
Economic Outlook at Midyear
As seen in the WealthManagement 2020 MidYear Outlook Jeanette Garretty, Chief Economist, August 2020 Three enormously expensive and challenging projects confront the United States and the major developed economies in the next 18 months: 1) the repair and support of fragile economies and an ageing labor force, 2) the rebuilding of supply chains for strength […]
ORIGINAL U.S. Stocks Rise to Record Highs; Dollar Rallies: Markets Wrap
Bloomberg By Vildana Hajdric and Claire Ballentine, November 26, 2019 Our Chief Economist, Jeanette Garretty, shares her insight on volatility in the current market. U.S. equities climbed to all-time highs after President Donald Trump said he’s been talking to Chinese President Xi Jinping and that they continue to work for a trade deal. Treasuries and […]
RE-WRITE U.S. Stocks Rise to Record Highs; Dollar Rallies: Markets Wrap
Investing.com Bloomberg, November 26, 2019 Jeanette Garretty, Chief Economist, shares her insights on economic trends as U.S. equity rises to a new high. Trade “is on everybody’s mind,” said Jeanette Garretty, managing director and principal of Robertson Stephens Wealth Management in San Francisco. “The equity markets on any given day are happy to look at […]
America’s Jobs Crisis Could be about to Get Even Worse
CNN Business Annekan Tappe, Senior Writer, August 5, 2020 Jeanette Garretty, Chief Economist, shares her thoughts on the monthly job reports, what July numbers could look like and the US job market in the midst of the COVID-19 pandemic. “July is so uncertain because some areas, some sectors continued to reopen in the early part […]
Investing for Future Growth
By Jeanette Garretty, Chief Economist July 21, 2020 – The Congressional Budget Office (CBO) regularly prepares long-term economic growth forecasts in order to fulfill its mandate to analyze the budgetary impact of current and proposed federal legislation. These forecasts utilize generally accepted or consensus projections of population growth, demographic trends, labor force participation rates, productivity, […]
Will Mega-Stimulus Bring Inflation After COVID and Recession Are Gone?
Chief Investment Officer Larry Light, Markets Editor, July 7, 2020 Chief Economist, Jeanette Garretty shares her insights on the chances of an inflation spike after the pandemic recession has ended. In other words, a lot of the Washington provided liquidity is trapped in bank coffers or in financial assets. Which is another way of saying […]
The Value of Simplicity
By Jeanette Garretty, Chief Economist July 6, 2020 – Every soul-shaking event of the last twenty years – 9-11, the financial crisis of 2008-2009, the coronavirus pandemic – has been accompanied by a period of introspection regarding truly important things in our lives. The answers understandably are different for each individual, but there are often […]
Plain Speaking Powell
By Jeanette Garretty, Chief Economist June 16, 2020 – At a recent Stanford Institute for Economic Policy Research Associates Meeting, the distinguished Stanford economics professor and monetarist John Taylor described Fed Chairman Jerome Powell as “speaking his mind.” It is a characterization that comes up time-and-again, always as a compliment; the most powerful central banker […]
Consumer Confidence
By Jeanette Garretty, Chief Economist June 11, 2020 – Consumer spending is 70% of the US economy, as measured by US GDP, and the frequent repetition of this mantra by popular financial media, academics and Wall Street analysts alike is testimony to the sheer power of the fact. While economic sectors with smaller shares of […]
A Note About Employment and Unemployment
By Jeanette Garretty, Chief Economist June 10, 2020 – The most recent report on US labor market conditions by the Bureau of Labor Statistics (BLS), released on June 5 and reporting on employment and unemployment in May 2020, has provoked a torrent of commentary on the accuracy of the survey data. In this particular case, […]