Robertson Stephens Weekly Commentary – June 22, 2026

The brevity of the most recent Federal Open Market Committee interest rate announcement and the quality of discourse during the press conference that followed have encouraged some fond reminiscing about former Fed Chairman Jerome Powell. Major US stock indexes ended the volatile week higher as cautious optimism around a possible US-Iran agreement, declining oil prices, and continued broadening beyond large-cap technology shares helped offset mixed inflation data and volatility in artificial intelligence (AI)-related stocks. On the wealth planning front, we discuss strategies for protecting newly created wealth through thoughtful ownership and asset protection planning.