Bellevue Perspectives

Monday Minute

Stocks shook off the Monday meltdown last week to trade higher by week end.  As interest rates move lower and bond prices move higher, high quality stocks become relatively inexpensive and money flowed back to stocks.  The 10 year Treasury is down again today and currently yields 1.659%.  Monday morning the selloff resumes as protests ...

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Monday Minute

The Federal Reserve cut interest rates last week by .25% as most analysts predicted.  Given the cut was priced into the market and Chairman Powell’s hawkish comments, the market sold off in response.  Many saw it as an “insurance cut” rather than the start of an easing cycle.  Powell also indicated it most likely isn’t ...

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Monday Minute

On Monday last week, the White House and Congressional leaders reached a tentative agreement to raise US government spending caps and suspend the debt ceiling for two years. With the signing of the deal on Friday, a fiscal crisis will be averted this year. On the spending front, Last week’s deal averts the risk of ...

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Monday Minute

Thanks in part to the Federal Reserve signaling that a rate cut is in fact coming, the equity markets ended the week on Friday with a surge higher.  The S&P 500 closed above the 3000 and the Dow closed above the 27,000 level for the first time.  https://www.cnbc.com/2019/07/12/stock-market-dow-futures-rise-after-fed-hints-at-rate-cut-ahead.html The U.S. Bureau of Labor Statistics (BLS) ...

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Monday Minute

President Trump rattles the market on Friday of last week with a tariff threat on Mexico if the Mexican government doesn’t step up its efforts to stem the flow of undocumented immigrants coming into the United States. The 5% tariffs go into effect on June 10th, rising to 25% with 5% monthly increases.  The S&P ...

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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

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

N. Korea U.S. summit ended abruptly with no deal last week.  Trump said no deal was reached because Kim wanted all sanctions lifted in exchange for partial denuclearization. The markets took it in stride, trading only slightly down on the day.  https://www.reuters.com/article/us-northkorea-usa-takeaways-analysis/burden-back-on-diplomats-as-trump-and-kim-fail-to-reach-north-korea-deal-idUSKCN1QH1YQ Thursday morning the Bureau of Economic Analysis reported, in its “initial” estimate (based ...

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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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