Recent Insights & News

Markets – December 2018

In the aftermath of October’s equity collapse, a nearly-two standard deviation outcome, November produced modestly positive equity returns of 1.5% after a late-month rally. The rally was spurred by dovish Federal Reserve Board (Fed) commentary on November 28, benign U.S. economic news and hopes for a temporary U.S./China trade truce. Despite the positive returns, risk assets failed to stabilize, with volatility remaining at elevated levels.

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POSTED IN: Market Perspectives

Markets – November 2018

The realization that the Fed was serious about maintaining its path of ongoing rate hikes amidst increasing concerns over growth that was peaking in the U.S. and slowing overseas proved deadly for both equities and Treasuries in October.

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POSTED IN: Market Perspectives

Sentinel Trust Chief Fiduciary Officer Leslie Kiefer Amann, JD Elected to the American College of Trust and Estate Counsel (ACTEC)

HOUSTON, Nov. 15, 2018 — Sentinel Trust Company, LBA, one of the nation’s leading boutique wealth management firms and multi-family offices, is pleased to congratulate Chief Fiduciary Officer Leslie Kiefer Amann, JD, on her election as a Fellow of the American College of Trust and Estate Counsel (ACTEC). As Sentinel Trust’s Chief Fiduciary Officer, Leslie…

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POSTED IN: News

Markets – October 2018

Global equities finished the month modestly higher at +0.2%. Unexpectedly strong U.S. growth numbers (but without growing inflation pressures) allowed U.S. equities to hold their value despite a sharp pick-up in interest rates.

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POSTED IN: Market Perspectives

Sentinel Trust Announces Officer Promotions

We are pleased to announce several officer promotions: Phyllis L. Joe, JD, LLM, Client Relationship Officer, is promoted to Vice President, Lead Wealth Planner. Phyllis holds an LLM in Taxation and has achieved Board Certification in Estate Planning and Probate Law. In her new role, Phyllis will advise on sophisticated estate and wealth planning strategies…

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POSTED IN: News

Markets – September 2018

August featured a more nuanced and collectivized Goldilocks story—investors judged the porridge on offer in emerging markets and Europe not to their liking, but not so distasteful as to go on a general hunger strike. Instead, as a group, they just ate more of their favorite brand.

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POSTED IN: Market Perspectives

Hurricane P.R.E.P.

September 10th is the official peak of hurricane season. After a slow start to this year’s storm season, activity is picking up in the Atlantic with Hurricane Florence approaching the east coast, Tropical Storms Isaac and Helene churning further offshore, and a low-pressure blob strengthening in the Caribbean Sea. In anticipation of potential adverse weather,…

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POSTED IN: News

On Watch – September 2018

The latest edition of On Watch is now available for download. This issue features articles about blockchain technology, the role of a foundation trustee, and IRS guidance regarding miscellaneous itemized deductions. Contributors to this issue are Catherine Lee Clarke, CFA, David L. Zahn, CPA, CFP(R), and Leslie Kiefer Amann, JD. To receive email alerts about future issues…

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Markets – August 2018

Investors successfully compartmentalized favorable US economic and earnings reports from a seemingly growing list of macro-risks, while a thaw in European Union (EU)/US trade talks provided hope that trade wars would not go global, producing a modest bounce in international equities.

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Markets – July 2018

June market action was very much a function of geography, with US markets little changed, but less benign results seen elsewhere depending on the proximity to increasing trade tensions. China and other emerging markets were at the epicenter. While giving the appearance that the US is “winning” the trade war, the strength in the dollar and US asset prices was primarily due to exceptionally strong second quarter growth. Commodities were a real wild card, depending on the mix of double-digit West Texas Intermediate oil gains or trade-war-inflicted losses in grains and industrial metals. While central bank actions were not unimportant, they were overshadowed by geopolitical developments.

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