November 22, 2022 - Chief Investment Officer, Stuart Katz appears on Nasdaq Trade Talks to discuss whether interest rate risk or recession risk is a bigger risk for investors. “Inflation is going to be more persistent than history would suggest, and
Investment Office Insights
What To Do With Clients’ Cash Now That Interest Rates Are Up
November 16, 2022 - CIO, Stuart Katz was featured in Financial Advisor Magazine discussing ‘What To Do With Clients’ Cash Now That Interest Rates Are Up.’ “I Bonds are government-backed [and] state- and local-income tax free,” says Katz. But “there
Robertson Stephens Weekly Commentary – November 14, 2022
The modest reversal in consumer price trends signaled by last week’s CPI numbers was welcome – but should not be assigned undue importance. Inflation is still “too high” from the Federal Reserve’s perspective and, even more problematic,
Robertson Stephens Weekly Commentary – November 7, 2022
With the latest -- and much-foreshadowed -- 75bps hike in the Fed Funds rate announced last week, interest rates have conclusively entered the realm of "constrictive," i.e., serving to reduce economic growth by depressing final demand. This week's
Are China Stocks Toxic Now? Wealth Management Pros Weigh In
November 2, 2022 - Chief Investment Officer, Stuart Katz was featured in Barron’s ‘Are China Stocks Toxic Now? Wealth Management Pros Weigh In.’ “Our assessment at this point is that China is a challenging environment to invest in, and if one were to
Robertson Stephens Weekly Commentary – October 31, 2022
History tells us that markets don’t find a bottom until investors begin to anticipate a combination of rate cuts due to softening inflation, leading indicators point to improved growth, and valuations price a bear case scenario. We believe there
Robertson Stephens Weekly Commentary – October 24, 2022
Much of the tone for 2023 will be set by the inflation numbers being released in the march to the end of 2022 and the Federal Reserve’s assessment of the embodied inflation risks. It slightly appears that the debate over peak inflation has been
Fed Has Never Stopped Hiking Before Interest Rates Surpassed CPI
October 19, 2022 - Chief Investment Officer, Stuart Katz appeared on TD Ameritrade to discuss how the ‘Fed Has Never Stopped Hiking Before Interest Rates Surpassed CPI.’ “Look we believe in error of low inflation, low interest rates in support of
Robertson Stephens Weekly Commentary – October 17, 2022
Three weeks into the fourth quarter of 2022, questions are mounting as to whether the US economy can continue to grow at the estimated 2% annual pace likely to be reported for the third quarter, on October 27. As yet, inflation has not responded to
Robertson Stephens Weekly Commentary – October 10, 2022
We believe an era of low inflation, low interest rates and supportive fiscal and monetary policy has ended. We believe interest rates will probably need to stay higher for longer to tackle sticky inflation and weigh on economic growth. Last week’s US
