Bellevue Perspectives

Monday Minute

With interest rates as a big driver in market action, Fed Chair Powell’s comments last week were cheered by the market as he appeared to signal an end to their interest-rate hikes.  Their search for a “neutral rate” has been well documented and the Fed now feels we are “just below” that level.  This temporarily ...

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Monday Minute

The markets sold off this morning on the back of a large drop in homebuilder sentiment and a sharp sell-off in the technology sector, including Apple, Nvidia, Paypal, and Square among others.  Within the Dow, Boeing also got hit in part due to Vice President Pence’s comments over the weekend around the US’s stance on ...

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Monday Minute

Facebook COO Sherly Sandberg and Twitter CEO Jack Dorsey met with the Senate Intelligence Committee last week regarding election interference and propaganda which shook the tech sector.   The NASDAQ has led all major indices year to date and investors should be careful of over-concentration.  Remember that the top 4 holdings of the S&P 500 index ...

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Monday Minute

Trump has controversial summit with Putin.  https://www.reuters.com/article/us-usa-russia-summit/trump-and-putin-to-hold-first-summit-talks-as-twitchy-west-looks-on-idUSKBN1K601D Crude oil falls on easing supply concerns, despite being in the prime summer driving season.   https://www.reuters.com/article/us-global-oil/brent-oil-falls-four-percent-to-three-month-low-as-supply-outage-concerns-ease-idUSKBN1K601B Macron and France celebrate as their national team wins their second World Cup.  The attached link is a great video recap for you soccer fans. https://www.foxsports.com/soccer/video/1277982275688

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Monday Minute

Trump announces an additional $200b of tariffs against China last week.  Equity markets respond unfavorably.  https://www.reuters.com/article/us-usa-trade-china-trump/trump-threatens-to-hit-china-with-new-tariffs-on-200-billion-in-goods-idUSKBN1JE2ZQ The Federal Reserve’s bank assessment comes back positive, showing sufficient strength and capital to survive the next economic downturn.  https://www.nytimes.com/2018/06/21/business/fed-stress-tests-banks.html

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Monday Minute

President Trump and Kim Jong Un conclude their initial summit, with what looks like a positive outcome for global peace.  Denuclearization and the end of U.S./South Korea military exercises are on the table.  https://www.reuters.com/article/us-northkorea-usa/trump-offers-to-end-korea-war-games-after-historic-kim-summit-idUSKBN1J821H The Federal Reserve hikes its benchmark rate by .25% and indicates another two more hikes in 2018, bringing the total to ...

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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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