Bellevue Perspectives

Monday Minute

Trade fears continued to rattle the market last week, and into Monday of this week. President Trump did however postpone auto tariff hikes on Europe and Japan, and lifted steel and aluminum tariffs in Mexico and Canada, which still needs to be signed. Consumer and investor confidence is weakening, which may provide an opportunity if ...

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Monday Minute

The equity markets sold off last week thanks to the trade war with China escalating and new tariffs going into effect on Friday.  The rate on $200 billion in Chinese goods went from 10% to 25%.  Discussions continue, but given Trump’s blasé attitude about it all, they could drag out longer than some expect.  The ...

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Monday Minute

The Federal Reserve met last week and kept their target range of 2.25%-2.5%.  They recognize that growth remains strong, but we are experiencing a low inflation rate.  The market wasn’t thrilled with the Fed’s statement as equities sold off both Wednesday and Thursday of last week.   https://www.cnbc.com/2019/05/01/fed-leaves-rates-unchanged.html The equity markets are trading lower today due ...

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Monday Minute

According to Strategas, the S&P traded to its first closing high since 9/20/18 on Tuesday last week (145 trading days).  It has taken 80 trading days to recover the -20% drawdown in 4Q… certainly fast, but not unprecedented.  The -27% correction in 1982 only took 58 trading days of recovery before a new high was ...

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Monday Minute

Stocks traded sideways last week on a mix bag of Q1 earnings releases, and that trend continues today as the equity markets are only slightly changed.  Roughly 1/3 of the S&P 500 companies report their earnings this week however, which should push the markets out of their current trading range.  Oil stocks are one sector ...

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Monday Minute

After an exciting weekend watching Tiger’s return to glory and the start of the newest Game of Thrones season, we’re hitting the ground running with a slew of earnings reports this week that should move the market.   After the S&P 500 almost reached its record high on Friday with the help of strong earnings from ...

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Monday Minute

The usual dominated the headlines last week – China trade, immigration, college scandals, and Boeing.  The markets traded higher by just over 2% without any significant market moving news.  Interest rates moved slightly higher with the yield curve reversing course, moving back to a flat but traditional shape, which leads us to wonder if the ...

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Monday Minute

As many of you may be aware, a yield curve inversion (rates are higher on the short end than the long end of the curve) has a fairly successful track-record in predicting recessions.  Researchers at the San Francisco Fed say the 3-month/10-year curve is the most reliable indicator, while Cleveland Fed researchers note that inversions of ...

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Monday Minute

The Federal Reserve, led by Chairman Jerome Powell, said Wednesday of last week that it will hold interest rates steady in their current range from 2.25% to 2.5%, while waiting for signs that the economy is stabilizing.  The markets had only a slight reaction given the decision was for the most part priced into the ...

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HighTower Bellevue is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.

This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.

All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.

This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.

about the authors

Lars Knudsen  

is a Managing Director, Partner at HighTower Bellevue.

Lars founded Triad Wealth Stewardship, now known as HighTower Bellevue, to deliver a personalized, custom approach to financial planning and family wealth stewardship to clients.  He leads the team with over 30 years of experience.   

Dan Stober  

is a Managing Director, Partner at HighTower Bellevue.

Dan brings over two decades of knowledge in equity markets, manager research and selection, as well as portfolio construction to the team.  He values the multi-leveled relationships he shares with clients and partners to help them achieve their financial goals.  

Randy Williams-Gurian, CMFC®, CRPC®  

is the Wealth Manager at HighTower Bellevue.

Randy helps drive client success based on four critical elements: estate planning, tax planning, risk management and insurance.  His belief that clients want more from a financial advisor drives him to consult in 401(k) and personal financial plans, creating an integrated & comprehensive approach.

Michael Policar
Michael Policar   is a Wealth Manager at HighTower Bellevue. Michael brings a passion for the financial markets and over 6 years of wealth management experience to the team. For Michael, the combination of a value investing philosophy and continuous studies of behavioral psychology, financial advice was not a career choice, it was a calling.

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