Bellevue Perspectives

History Lessons

March 9th was the 11th the anniversary of the Global Financial Crisis ending (2008-2009 bear market ended on 3/9/2009) but the last two weeks have provided a reminder of the volatility and turmoil investors observed in 2008/2009. Yesterday’s decline of -7.6% was the largest single day decline since the Global Financial Crisis and when looking ...

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Monday Minute

The markets sold off on Friday and again today as fears of the coronavirus spread through the markets.  More than 81 people are dead, and more than 2700 cases have been confirmed in mainland China.  China is taking steps to prevent the spread by implementing either a partial or full lockdown effecting nearly 60 million ...

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Monday Minute

After some jitters on Tuesday of last week around the China – U.S. trade deal actually getting signed, the two countries put pen to paper on Wednesday.  The deal included additional purchases of energy, goods and services by China, $76.7 billion I the first year and $123.3 billion in the second year.  The market cheered ...

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Monday Minute

The new year started last week with a rush of buyers in the equity markets thanks in part to new economic stimulus in China.  Banks’ reserve requirements were lowered in addition to lower taxes, fees, electricity prices, and transport costs (specifics are yet to be announced).  This stimulus in addition to easing trade tensions and ...

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Monday Minute

Equity markets are once again trading at their all-time highs despite waffling trade negotiations, impeachment proceedings, and a global slow-down.  This weekend comments were made by a top U.S. official and Chinese state-backed tabloid that the two countries were close to an initial pact prior to year-end.  China continues to press for tariff rollbacks, which ...

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Monday Minute

The Federal Reserve cut rates another .25% last Wednesday as most of the market expected.  Because they signaled a pause in the easing cycle, the markets had a muted response initially, but later rallied after the press conference.  https://www.reuters.com/article/us-usa-fed/u-s-fed-cuts-rates-but-signals-pause-in-easing-cycle-idUSKBN1X90D7 End of the week stocks rallied on another strong jobs report, adding 128,000 jobs in October.  ...

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Monday Minute

Today the S&P 500 broke through resistance dating back to early summer to trade at new all-time highs.  With a combination of a potential trade deal with China, risks of a hard Brexit fading, a potential and expected rate cut by the Federal Reserve this week, and generally positive Q3 earnings, investors are feeling a ...

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Monday Minute

A weaker than expected U.S. Producer Price report last week supports another Fed rate cut in October.  Recently bad news is good news on Wall Street given it increases the odds of Fed easing.  Last week however, stocks sold off because bad news is actually bad news.  Surprise!  At some point the market hopes we’ll ...

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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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