“There’s definitely a slowdown in that retail consumption,’’ said Jerry Braakman, chief investment officer of First American Trust. “But the consumer, in response to still a strong labor market, has been holding in there. Where the consumer goes, our
Decoupling Is the Ultimate Missed Expectation
Why First American Trust’s Chief Investment Officer Sees No Quick End To Regional-Bank Turmoil
‘Banks of all sizes have liquidity risk in a bank run scenario,’ said First American Trust’s Jerry Braakman
“We do not think the turmoil is done running its course. As we saw from [this week’s] GDP release, overall economic activity is wea...
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First American Awarded a Great Place to Work
Excited to announce that for the eighth year in a row, First American has been recognized as 100 Best Companies to Work For® in the U.S. by Great Place to Work US® Institute in partnership with Fortune Magazine! #100BestCos
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Tesla Is Losing a Big Force Behind This Year’s Rally
Retail traders are pulling back on Tesla Inc. shares this month over a recent investor day and the overall health of the economy.
Additionally, there are concerns over another price cut on its most expensive cars. Competitors typically follow Te...
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Stocks Gain on Hopes for First Republic Rescue
Jerry Braakman, president and chief investment officer said he “expects bigger banks to emerge as one of the beneficiaries from this crisis. Depositors are already moving money out of regional banks to national banks, which can help shore up liquidity ... Read More›
S&P 500 Haters Now Make Enough in Treasuries to Bid Stocks Farewell
“We think we’re headed into economic deterioration and the current volatility in the market is enough for us to be very cautious in equities, and you’re getting paid in the meantime to wait with cash. So we do think it’s an attractive space to be in fi... Read More›
How Baby Boomers With Real Estate Investments Can Utilize Tools like DSTs, 721 Exchanges and UPREITS for Estate Planning
According to the 2020 Census the baby boomer generation is estimated at about 73 million with more reaching retir... Read More›
Tips to Prepare You for Tax Season
The Internal Revenue Service (IRS) has officially kicked off the 2023 tax filing season and has begun accepting and processing tax returns for tax year 2022 as of January 23, 2023. With tax season underway, there are a few things to think about as you ... Read More›
Market Review Q4 2022
Global equities and bonds rose in the fourth quarter of 2022, closing out the worst year in more than a decade. The fourth quarter rally across risk assets was driven by sentiment that inflation has peaked and is decelerating, and thus the Fed's histor... Read More›
Stock Rally Hits a Wall; QQQ Gains in Late Trading: Markets Wrap
“It’s almost like people are trying to project forward toward the end the Fed tightening policy and trying to find a bottom here and a new bull-market rally,” said Jerry Braakman, chief investment officer of First American Trust. “But that’s in light o... Read More›
S&P 500 Notches Five-Day Losing Streak as Investors Mull Path for Rates
“How long can the consumer stay strong in light of this monetary policy? said Jerry Braakman, president and chief investment officer of First American Trust in California."
Read more about why investors are...
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Q4 Investment Update (Recording): Navigating the Economy and Outlook for Positively Performing Sectors
Jerry Braakman, President and Chief Investment Officer, and Jason Nerio, Director of Investment Research & Strategy share their insight on current business cycles and market trends. Watch this video to learn more about the following topics:
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