Tariffs, Interest Rates, & Market Bottoms

Each week, the Stokes Family Office staff puts together a list of our favorite news and updates on all things wealth management. From financial planning, portfolio construction, tax and estate planning, retirement plan services to anything we found interesting. Enjoy this week’s curated list for your weekend reading!

ECONOMY NEWS

Some Early Lessons From the Tariff Tantrum

From the market still having veto power to the stock market not always being the right scoreboard, Ben Carlson gives his thoughts on the past week’s volatility.

How Does the Stock Market Bottom?

Michael Batnick cautions against the common investor mistake of selling during market panics with the intention of re-entering at lower prices.
Pulling earnings and GDP data from the 2020 bear cycle, he notes that markets can rebound on bad news.

Why Are US Long-Term Interest Rates Moving Higher?

Sløk: the textbook would be saying that when the stock market is going down, long-term interest rates should also be going down. But this is not what is happening at the moment.

MARKETS NEWS

Recession Watch Metrics

Early in February, Bill McBride expressed “increasing concern” about the negative economic impact of “executive / fiscal policy errors”, but concluded that he was not on recession watch.
He is now, although still not yet predicting a recession for several reasons.

Roche: What. Is. Happening.

Tariffs, bonds, and staying the course. These are the three things Cullen Roche is thinking about this week.

American Disruption

Ben Thompson: The key distinguishing feature of a better plan is that it doesn’t seek to own supply, but rather control it in a way the U.S. does not today.

Stokes Family Office is 100% Family Owned, and has been continually operating in the New Orleans Area for over 35 years. As a family office, we are focused on family wealth, financial planning, and tax planning. We are your local experts for Gulf South wealth management. Want to hear more from our team? Check out the Lagniappe Podcast.