Media Room

“Due to fears of oil-induced inflation and a potential global slowdown, stocks are currently inversely correlated with oil prices... This coupling is temporary and provides an opportunity to investors to increase selective stock exposure at favorable valuations.”

“While it’s possible for oil prices to exceed $100 in the near-term, we don’t expect prices to remain above this threshold for the long-term. Oil prices will decline as tensions subside and oil flows return to pre-crisis levels.”

“This coupling of stocks and oil prices is temporary and provides an opportunity to investors to increase selective stock exposure at favorable valuations. As hostilities will ease, oil prices should move lower, and stocks will then refocus on the favorable pre-hostility investment climate.”

“Kevin Warsh’s nomination for Fed Chair is exactly what markets were hoping for, as he’s a steady hand, well known in market circles and is expected to maintain the independence of the central bank, which is critical for markets.”

“We expect a continued rotation as non-technology sectors experience growth thanks to higher profit margins through AI adoption and greater operating efficiencies. Investors are questioning the sustainability of software company moats as AI use cases continue to rise.”

“Kevin Warsh’s nomination for Fed Chair is exactly what markets were hoping for, as he’s a steady hand, well known in market circles and is expected to maintain the independence of the central bank, which is critical for markets.”

“We’ve got an excellent backdrop for earnings growth.”

“An announcement like this is one of those events that could lead to negative price action. We’re talking about a trade war between the world’s two largest economies.”

“trade tensions are still in the background and can cause bouts of short-term volatility. When stock valuations rise, like they have in recent months, they can be more prone to a headline-driven decline.”

“While stocks have largely moved on from the tariff tantrum of April, Friday’s market decline is an important reminder that trade tensions are still in the background and can cause bouts of short-term volatility,”

“big technology stocks have led the market higher and will continue to dominate market performance. We expect continued earnings growth, reinvestment of cash flows and expansion of their globally dominant footprints.”

“The powerful combination of stable inflation, ongoing economic growth and expectations of declining interest rates justifies current stock valuations,” said Richard Saperstein, chief investment officer at Treasury Partners to Barron’s. “Although multiples are elevated, stocks should continue to benefit from earnings growth into the end of the year.”

“We expect a 25 basis-point rate cut in September as a nod to the surprise weakness in hiring in recent months,” said Richard Saperstein, chief investment officer at Treasury Partners to Bloomberg. “The powerful combination of stable inflation, ongoing economic growth and expectations of declining interest rates justifies current stock valuations.”

“Although valuations are elevated, a large component of the S&P 500 consists of large-cap tech stocks, which command higher multiples due to their consistent growth, incredibly strong cash flows and profit margins,” said Richard Saperstein, chief investment officer at Treasury Partners to Bloomberg. “Valuation isn’t a reliable indicator for future market direction.”

“Markets have moved higher on tariff postponement and the perception that they will be more moderate than initially announced,” said Richard Saperstein, chief investment officer at Treasury Partners to Bloomberg. “We expect markets to remain headline sensitive, as trade deals take time to negotiate and unsettling tariff news is likely to cause noticeable volatility.”

“That's because muni bond yields soared due to a perfect storm of events,” said Richard Saperstein, chief investment officer at Treasury Partners to CNN. “But at the moment,” Saperstein noted, “investors still have a rare opportunity to lock in a high rate of return now. Many high-quality municipal bonds are offering 4.5% yields, which is firmly above the 10-year Treasury rate.”

“The uncertainty of trading partner retaliation is still weighing on the markets,” Richard Saperstein, chief investment officer at Treasury Partners, wrote in emailed commentary to the New York Post “Markets won’t rebound until tariffs are negotiated and reduced, until valuations move even lower to very compelling levels, and until fundamentals improve and none of these factors are in the cards at this time,” he added.

“Markets are gyrating from the potential recessionary impacts of tariffs and uncertain trade policy,” said Richard Saperstein Chief Investment Officer of Treasury Partners in emailed commentary to TheStreet “The reflects maximum volatility as earnings estimates begin to come down and consumer and business confidence decline.”

“We expect solid earnings growth this year, but some expectations are elevated and there will be companies that deliver growth, but fall short of expectations, which increases the risk of volatility, Richard Saperstein Chief Investment Officer of Treasury Partners in emailed commentary to TheStreet.”

“Protecting capital is key during a market like this when valuations are elevated,” said Richard Saperstein Chief Investment Officer of Treasury Partners in emailed commentary to MarketWatch. “We are more focused on the return of capital instead of the return on capital.”

“If you travel 1,000 miles to go fishing, the most important aspect is the last 30 feet where you’re presenting the fly to the fish,” said Richard Saperstein, chief investment officer at Treasury Partners. “Inflation has come down, yet the final stage in moving it towards [the Fed’s] anticipated goal of 2% is not occurring.”

“It's likely to be a slow burn,” Saperstein said, noting that it's “important to dig down and look at the composition of each bank's real estate portfolio.”

“Powerful tailwinds of moderating ination and a Fed pivot will continue to overwhelm moderating economic conditions and are set to push stocks higher in 2024,”

“The risks facing regional banks right now would be an environment of higher-for-longer rates”