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Investment Commentary – September 8, 2025

Executive Summary Financial markets have weathered months of policy-driven volatility, and after a nearly 20% decline, the S&P 500 has regained all its losses and set numerous all-time highs. What

Economic Commentary – September 8, 2025

The data being released in the next few days should cause a certain amount of acid reflux, both in global financial markets and in Washington, D.C. One statistic that seldom

Robertson Stephens Weekly Commentary – September 2, 2025

Lost in the sigh of relief that the inflation numbers (Personal Consumption Expenditures Index, or “PCE”) last Friday weren’t all that bad was the fact that inflation has conclusively ceased

Wealth Planning Commentary – September 2, 2025

Will Interest Rates Drop? How it May Affect Your Plan There’s increasing speculation that the Federal Reserve might start lowering interest rates later this year or next. While no one

Investment Commentary – September 2, 2025

Executive Summary The S&P 500 closed out August near an all-time high, defying consensus commentary that was pessimistic. Coming into the month, many investors were bracing for seasonal weakness, the

Economic Commentary – September 2, 2025

Lost in the sigh of relief that the inflation numbers (Personal Consumption Expenditures Index, or “PCE”) last Friday weren’t all that bad was the fact that inflation has conclusively ceased

Wealth Planning Commentary – August 25, 2025

Coping Financially After the Loss of a Spouse  Losing a spouse is one of life’s most difficult experiences, and it can leave behind not only emotional pain but also a

Investment Commentary – August 25, 2025

Executive Summary Rising corporate earnings and expectations of lower policy rates are positive for risk-asset markets. Many asset-market valuations are not appealing, but risk-on is likely to persist until earnings are

Economic Commentary – August 25, 2025

The White House’s intense focus on the monthly labor market revisions by the Bureau of Labor Statistics (BLS) has muddied the debate over the true health of US employment and