“They’re not so concerned about heading into a recession as they are in combating inflation—so that makes for a very dangerous setup,” said Jerry Braakman, president and chief investment officer of First American Trust in Santa Ana, California.” Read more about the anticipated interest-rate increases following Federal Chairman Jerome Powell’s ...
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"…If you try to book an airline ticket, it's still quite expensive, and that's why it doesn't feel like a recession yet. Hopefully we don't get there. Technically, we may be in one, but it doesn't really feel like it because nominally things are still inflating ... and jobs levels are still quite healthy at 3.5%,” stated Jerry Braakman. Jerry ...
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“What you don’t want to do is panic and harm your long-term finances by making portfolio moves driven by fear and emotion that will put you deeper in a hole. What’s past is past. Your job is to minimize the damage of the market downturn and look ahead. You want to position your portfolio for the market’s next phase,” says Jerry Braakman, president ...
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Our tax laws are in a state of flux. Among many potential changes is the possibility of losing a large portion of the $12.06 million (or the $24.12 million for a married couple) estate and gift tax exemption along with other tried and true gifting strategies. If you have been hitting the snooze button on your estate plan, your window of ...
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The first half of 2022 was the worst stretch for markets in almost 50 years, with a significant sell-off in stocks and bonds. All major asset classes are down for the year except commodities, although signs of commodity weakness are also beginning to materialize. Despite year-to-date losses, most asset classes are still higher than pre-pandemic ...
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“You can’t just raise rates and reduce the balance sheet without it doing the opposite of what it did before,” said Jerry Braakman, chief investment officer of First American Trust. “When you do the reverse, you can expect it will do the opposite as well.” Read more about the current stock market and jobs report in this article by the Washington ...
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“One of the biggest money mistakes that investors make in a bear market is thinking they can pick the bottom,” says Jerry Braakman, President and Chief Investment Officer. He also states, “another big mistake that investors make in a bear market is moving to cash. In earlier bear markets, it took years for investors who moved to cash to come back, ...
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“...It's obviously a difficult time for the markets and part of that is our economy is a little bit in transition...not just our economy, but a global economy as well...,” stated Jerry Braakman. Jerry Braakman, President and Chief Investment Officer, and Jason Nerio, Director of Investment Research & Strategy, share their insight on current ...
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“In a lot of ways, it’s following a typical playbook,” said Jerry Braakman, chief investment officer and president of First American Trust in Santa Ana, California. Read more about the current stock market and how investors are reacting in this article by Bloomberg.
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To Jerry Braakman, chief investment officer and president of First American Trust, it makes sense the market has dropped almost 15% since the start of the year. “Stocks trade on the future,” he said by phone. As stock continue to drop, investors are looking into estimating profits as Corporate America is doing well. Supply chain, the war in ...
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“People have to be very cautious here in chasing this dip, especially as these economic impacts and fears start affecting our economy as well through consumer confidence,” said Jerry Braakman, President and Chief Investment Officer of First American Trust. Changes in stocks, commodities, currencies, and bonds are still largely being affected by ...
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