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, […]
Another Stroll Around The “Active” Vs “Passive” Investment Debate
As published on Family Wealth Report Jeanette Garretty, Chief Economist and Stuart Katz, Chief Investment Officer, May 29, 2020 The age-old debate about the pros and cons of “active” versus “passive” investing got a new jolt when global equity markets slumped earlier this year – and then recovered somewhat on the back of massive central […]
Why Is Market Up? Because Nearly 80% Think The Pandemic Is A Buy
Forbes Kenneth Rapoza, Senior Contributor, April 22, 2020 Chief Economist, Jeanette Garretty shares her thoughts on a market recovery and why receiving clarity on earnings is key. “The idea that the economy is going to recover in a V-shape, I think most people have set that aside,” says Jeanette Garretty, chief economist at Robertson Stephens […]
Bloomberg Radio: Daybreak Asia with Jeanette Garretty
Bloomberg Radio “Daybreak Asia“, March 8, 2020 March 8, 2020 Chief Economist Jeanette Garretty gives an economic update amid the coronavirus outbreak on Bloomberg Radio’s “Daybreak Asia”. Disclosures Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered investment advisor. This material is for general informational purposes only. It does […]
Stocks Climb Again to Highs
The Wall Street Journal Karen Langley, Reporter, December 20, 2019 Jeanette Garretty shares her insights on what 2020 could hold for the economy. In another positive economic report, U.S. household spending rose in November, a sign that a key driver of the economy remained solid heading into the end of the year. The Commerce Department […]
US STOCKS-S&P 500, Dow Jones edge higher on trade optimism; Tesla drags Nasdaq
Reuters Arjun Panchadar, Journalist, November 22, 2019 The S&P 500 and Dow Jones indexes eked out gains on Friday after President Donald Trump signalled an imminent trade deal with China, while the Nasdaq was weighed down by a slump in shares of Tesla after the launch of its electric pickup truck. Trump told Fox News […]