Bellevue Perspectives

Monday Minute

After Monday’s rise last week in the PMI, the Supply Management (ISM) reported that the non-manufacturing index (NMI), which tracks the service sector of the economy, increased 0.6 percentage points in January to 55.5%, exceeding expectations for a 55.1% reading.  Also on Wednesday, the ADP National Employment Report was released. It indicated a 291,000 job ...

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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

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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Monday Minute

Mid last week the markets rallied on easing tensions in Hong Kong with the withdrawal of the extradition bill, temporary relief in the Brexit negotiations by legislation preventing a no-deal exit from the EU, and positive economic data out of China.  We mentioned these as catalysts for further market appreciation in the last Monday Minute.  ...

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Monday Minute

President Trump and Kim Jong Un meet for a second time this week.  As with the last meeting, we don’t expect much out of it that will move the markets but we can all hope for continue progress toward peace.  https://www.reuters.com/article/us-northkorea-usa/trump-wont-rush-north-korea-on-denuclearization-peace-deal-possible-idUSKCN1QE09R The China/US trade deal deadline has been delayed and China refocuses on growth vs. ...

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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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