Feb 17, 2023 | Wealth Management
It all seems too easy – after months of sky-high inflation, prices are finally coming down after the Fed hiked interest rates eight times. Fed Chair Jay Powell’s comment that he is already seeing signs of pricing pressure cooling off emboldened investors into...
Feb 5, 2023 | Wealth Management
The Fed, which has long held the position that consumers would have to endure significant pain in order to control inflation flipped a switch on Wednesday citing that measurable progress has been made on disinflation to warrant a dovish stance on interest rates for...
Jan 8, 2023 | Wealth Management
With few exceptions, the best and brightest in stock and bond markets failed to appreciate how the outbreak of inflation would upend the investing world in 2022. They failed to anticipate how the Fed would react, thinking rate hikes would be measured rather than...
Dec 11, 2022 | Wealth Management
Last week, Blackstone announced that it will limit investor redemptions from its $69 billion Blackstone Real Estate Income Trust (BREIT) in December after being hit with heavy withdrawals in October and November. For those who are not familiar with BREIT, Blackstone...
Nov 25, 2022 | Wealth Management
To all our clients and readers of this newsletter – Happy Thanksgiving and Seasons Greetings. It has been a tough year for investors with the S&P 500 down 16% ytd and Nasdaq down 29% ytd. Surprisingly, the Dow Jones is only down by 5.5% ytd, a reflection of...
Nov 6, 2022 | Wealth Management
Just as he did in August, on Wednesday this week, the Federal Reserve chair talked tough on inflation, squashing investor hopes of a decisive pivot away from tightening monetary policy and knocking stocks to the lowest in more than a week. The S&P 500 Index fell...
