Bellevue Perspectives

Randy's Recap

Randy’s Weekly Market Moment – Written July 2nd, 2020 Main Street vs Wall Street - Making sense of the market recovery Financial markets finished the holiday shortened week in the plus column due to the better than expected jobs report, but well off their Thursday session highs.  On Wednesday, there was positive news from Dow Component Pfizer on their vaccine candidate which was offset by a ...

read more

Randy's Recap

Making New Highs It has been an interesting week for the U.S. Equity markets.  Most market participants were anticipating a much bigger sell-off or correction, especially considering how big of a run the markets have been on and the spike in new COVID-19 cases. The major U.S. market averages are up over 40% from their March 23rd lows and the NASDAQ market reached ...

read more

Monday Minute

The ADP jobs report issued Wednesday last week indicated that far fewer Americans lost their jobs in May than expected.  With better economic news from China combined for a strong day mid-week, with the SP500 up 1.4%.   2.76 million private-sector jobs were lost in May, a figure vastly lower than the 8.75 million expected.  https://finance.yahoo.com/news/adp-national-employment-report-private-121500265.html   ...

read more

Randy's Recap

US Stocks Pull Back After Impressive Run US Stocks are taking a breather after an impressive three-and half-week advance.  Investors have become a little too complacent considering the global pandemic and related economic fallout continues.  News of a possible vaccine candidate advancing or a better COVID-19 therapeutic would certainly help Wall Street recover more quickly from its latest setback. Keep in mind, pull backs during market advances are normal. Market rallies can get ahead of ...

read more

Monday Minute

April’s ADP private employment report came in last week as bad as expected, declining 20.236m vs. 20.550m consensus.  March’s figure was revised down to -149k from -27k, underscoring that the employment backdrop had weakened earlier than previously assumed.  This is the weakest print in the series history, by a long shot (previous low was –835k ...

read more

Randy's Recap

US Stocks and US Markets Continue to Lead The recovery in the United States financial markets continues, and the NASDAQ market is now positive for the year and is close to retaking the 9,000 level(see chart below).  Most on Wall Street and Main Street are asking how is that possible, given all the negative economic news and the lack of economic activity because of the global pandemic or COVID-19 ...

read more

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.

subscribe