Bellevue Perspectives

Monday Minute

  • Federal Reserve Powell met with Congress last week in one of his two annual updates.  He was upbeat about the prospects of the U.S. economy and doesn’t currently see any reason the expansion should not continue beyond its 11th year. He also confirmed the central banks view that the current Fed Funds range of 1.50% and 1.75% is appropriate.  The risks associated with coronavirus continue to be monitored for possible spill over to the rest of the global economy.
  • Markets are closed today and so is our office.  Hope you enjoy any planned family vacations or time off if you have little ones in school.  Mid-winter break means Spring is right around the corner….unless we get an unexpected late winter snow dump again.  😊

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.